WASHINGTON – The Internal Revenue Service announced today that over 1.1 million people across the nation have unclaimed refunds for tax year 2021 but face an April 15 deadline to submit their tax ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers who owe a penalty related to their use of a tax-advantaged retirement savings plan such as an IRA or 401 ...

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

A trove of cash could be forfeited if Californians fail to complete their 2021 tax returns by next month, according to the Internal Revenue Service. The IRS is currently sitting on about $92.3 ...

Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...

you can ask your employer to withhold more tax from your earnings. You'd file a new Form W-4 with your employer. You can use a special line on Form W-4 to enter the additional amount you want your ...

The agency has begun laying off more than 6,000 new employees, sources say. The Internal Revenue Service on Thursday began laying off more than 6,000 new and newly promoted employees across the ...

The phishing scam contains a fake link that mimics an official IRS website. Clicking on it could lead to malware or a fraudulent form asking for personal or financial information. Be aware that ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

The IRS intends to begin laying off 6,000 employees, starting Thursday, as part of the job cuts slicing through the federal government. Though it comes in the thick of tax-filing season ...

Doug O’Donnell, the acting head of the IRS, is expected to announce his retirement on Tuesday amid turbulence at the tax collection agency, according to a person familiar with his plans.