The IRS reviews suspicious claims and sends letters to filers asking for additional verification for any claims — including withholdings. Claims deemed fraudulent can result in penalties of $5,000 for ...

In Michigan, it comes to more than $37.3 million in unclaimed 2021 refunds for 40,300 Michiganders; the median refund is $854, the report said. Those numbers do not include tax credits you may have ...

The National Oceanic and Atmospheric Administration is set to lay off approximately 20% of its workforce, The New York Times ...

Taxes are a part of life for everyone — albeit a pretty unpleasant part. But it’s important to know how the U.S. tax code ...

Waiting until the IRS deadline to file taxes can be costly, especially for freelancers and filers looking to itemize expenses.

Over 1.1 million people have unclaimed federal income tax refunds from 2021, which are in jeopardy of becoming government property if not claimed soon, with a median return of $781 and potential ...

The IRS estimates that over $1 billion in unclaimed tax return refunds are owed to over 1.1 million people, with an average ...

The Department of Education is laying off more 1,300 employees as part of the Trump administration’s ongoing effort to slash the federal workforce and its stated pledge to reduce the government’s role ...

Taxpayers have just over a month to claim refunds and credits before they are gone forever, the IRS is warning.

Filing taxes for the first time may seem daunting, but it’s usually fairly simple. Here’s what you need to know.

Scammers are 'relentless,' according to new IRS alert listing the 'Dirty Dozen' tax scams. Bad social media advice triggers ...