Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 ...

The IRS has identified eight common mistakes that can delay refunds to taxpayers or prompt rejection of their tax returns.

The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.

The average tax refund could bring you a few thousand dollars this year. Here's how much it could earn in a CD.

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

What's the difference between standard and itemized deductions? Here's what it could mean for your 2025 tax refund.

As millions of people file their 2024 tax returns, the Internal Revenue Service today reminded taxpayers to use the “Where’s My Refund?" tool on IRS.gov to confirm receipt of their return and track a ...

Tax processing by the California Franchise Tax Board has not been affected so far by the federal government hiring freeze or ...

Learn how taxes on interest income work, how to report it on your taxes, and which interest income is taxable. Get the full ...

The deadline to file a federal return with the IRS is April 15, 2025. For state taxes, the deadline in California is also April 15, with an extension filing deadline of October 15, 2025.

While refunds are up, the number of people who’ve filed already is down compared to 2024. The IRS has received 42.7 million ...

Every year, thousands of taxpayers receive notices from the IRS informing them that they have been selected for an audit.