Following considerable cuts to its enforcement workforce, the US's Internal Revenue Service (IRS) plans to use AI to supplement its ability to collect taxes from US citizens. … News of the IRS's ...

T he IRS is sending an average of nearly $3,000 to eligible taxpayers.As tax season arrives and the IRS gives refunds to taxpayers who overpaid in 2024, most recipients will get a payment of about ...

The process of seeing your tax refund status is simple. On the IRS.gov site, taxpayers who filed their returns can see their refund status on the "Where's My Refund?" tool.

Tax tips for those running up against the deadline to file their returns 01:37. If you're still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off.

Dealing with the Internal Revenue Service (IRS) can be daunting, especially when it comes to unpaid taxes. If you owe back taxes, you might face severe consequences, including a tax levy .

First, there's the Net Investment Income Tax (NIIT), which levies an additional 3.8% tax on investment income if you have an income over $200,000 (if you file your returns solo) or $250,000 (if ...

The Treasury Department and IRS want to make tax collection more efficient through methods like updating outdated IT systems. The IRS said this year's tax receipts have increased by 5% from last year.