It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

Paying off debt can be a great way to use your tax refund. But first, weigh other financial priorities, like emergency savings, and the goals that matter most to you.

The Internal Revenue Service has started accepting individual 2024 tax returns and taxpayers expecting a refund can track the progress.

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The refund that was calculated on your return. How do refunds work and what are the criteria for the EITC and CTC? For whatever reason, many taxpayers end up paying more tax during the year than ...

The fastest way to get your federal tax refund is by filing your return electronically and using direct deposit. If you do that, the IRS typically issues returns within 21 days. For many Americans ...