This would mark a significant shift in longstanding IRS policy, which has traditionally kept taxpayer information strictly confidential.

The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of ...

April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season — aka the IRS’ busiest ...

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 ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

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 ...

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.

How to talk to a real person at the IRS How to make an appointment at an IRS office What to do before you meet with the IRS The recent layoffs of federal workers and office closures may mean ...

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.

Credits for these items are 30% of the costs, and can be carried over to a future year, if they exceed your 2024 tax liability. The second type of expenses reported on Form 5695 are called the ...

Completing the IRS Form 8880 is a vital step in the process. This form provides detailed information about the credit and is necessary for formalizing the application. Including this form in the ...