Tax season

The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking system.

Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.

At 90,315,000, the number of individual returns received this tax season finally surpassed the same period last year, up 0.2% as of March 29, 2024.

More than 70 of the Internal Revenue Service's assistance centers will be open for walk-ins from 9 a.m. to 4 p.m.

Here are some tips for showing your appreciation to your staff in the closing days of tax season.

With tax authorities scrutinizing partnerships, CPAs and tax pros need to think more strategically about filing for extensions.

Off and Bozo-ing; the 100% tariff; Johnston on hot trends; and other highlights from our favorite tax bloggers.

The average direct deposit refund amount has remained steady at more than $3,000 for the past six weeks, after a slow start to the year.

From coast to coast, the cities and states where taxpayers procrastinate the most.

WTF CPAs has used artificial intelligence to get a jump on busy season, just in time for April 1.

Navigating the intricacies of tax filing can be a daunting task for employers, especially if they lack employees with the necessary expertise.

More than prep; homebuyer credit needs work; tax shots across the Hudson; and other highlights from our favorite tax bloggers.

Taxpayers are accessing the IRS website much more this year than last to find the answers they need, with more than 410 million visits through March 15.

The Internal Revenue Service has been making progress on catching up with its backlog of unprocessed tax returns, but more work needs to be done, according to a new report.

Next stop, more billions; misaimed mansion tax; auditing's future; and other highlights from our favorite tax bloggers.

The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in additional funds provided by the Inflation Reduction Act, according to a new report.

With tax season in full swing, accountants need to have a game plan to mitigate the potential impacts the shortage may cause.

While tax season started seven days later this year, taxpayers are getting their returns into the IRS earlier, according to the latest statistics.

The reality is that traditional 'one and done' software training is insufficient.

R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.