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The IRS starts accepting tax returns for 2022 on Jan. 23. A financial expert breaks down the changes from last year, and shares her tips for coping with tax season.
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Under a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax's "free, free, free" ad campaign and pay restitution to nearly 4.4 million taxpayers.
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Smaller budgets, fewer employees and increased duties have added up to taxpayer frustration this filing season. The IRS is establishing a "surge team" to put resources on the processing challenges.
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Taxpayers seeking access to some information about their taxes were to be required to submit to facial recognition software, a move that has raised privacy concerns.
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The IRS is "in the roughest shape it's been in in 50 years," says former commissioner Mark Everson. The agency, he says, is understaffed, has more work than it can handle and is underfunded.
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In a brief one-page notice, the high court gives the president's legal team time to persuade the justices to hear arguments overturning lower court rulings allowing the release of the documents.
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The president and his lawyers are fighting two separate legal battles to gain access to his tax records. The other involves a subpoena for the documents issued by the House of Representatives.
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A federal appeals court has granted President Trump a temporary stay of decision, saying he does not have to turn over eight years of tax records for a New York state criminal probe.
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The Treasury secretary has refused to comply with a House subpoena from a committee chairman requesting that the agency turn over Trump's tax returns.
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Rep. Richard Neal, chair of the House Ways and Means Committee, asked the IRS commissioner for six years of President Trump's personal tax returns, as well as returns for some of his businesses.
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Three House and Senate committees have "the unqualified right" to request taxpayers' returns from the IRS. There's no provision exempting the president.
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South Florida Republicans voted to block House Democrats’ efforts to force President Trump to release his tax returns last night.Representative Bill…