Tax

Legislators want to know how much Intuit makes off of low- and middle-income filers, and how many Intuit employees previously worked for federal agencies.

The Supreme Court declined to review a New York-led constitutional challenge to the $10,000 cap on state and local tax deductions imposed by Congress in the 2017 tax law.

The Internal Revenue Service is renewing its call for extra money in its budget Monday as it closes out a challenging tax season.

Tax season ends today and some of you can rest well tomorrow after concluding a successful tax season. However, some of you won’t be resting easy because you had a lousy tax season.

Audits of high-net-worth filers require more time and expertise, and the agency’s underfunding has led to a significant loss of personnel capable of performing those.

The 2022 tax season, predicted by some to be a perfect storm, is coming to a close with barely a stiff wind.

The First Couple reported $610,702 in income in 2021 and paid $183,925 in federal and state income taxes, according to their annual tax return released Friday by the White House.

The Magic is gone; rent to scam; imprecision; and other highlights of recent tax cases.

Americans who have put off their 2021 taxes have less than a week to file a return or an extension — and fill them out accurately to avoid trouble from the IRS.

The service updated its FAQ on the credit, with additional information on receiving it on a 2020 tax return.