Today is the deadline for filing your income tax returns, and while we all look forward to getting a refund, each year millions of Americans miss out on money they’re owed, often unaware that the IRS ...

Draft instructions for Form 6765, "Credit for Increasing Research Activities," a.k.a. the research credit, are available for comment. The Internal Revenue Service is seeking feedback on the draft ...

Companies required to use “box 11” of Form W-2 in 2023 to report either payments of nonqualified deferred compensation (deferred compensation) or FICA taxation of unpaid deferred compensation may soon ...

As tax season approaches, seniors and retirees are gearing up to file their taxes, and the IRS Form 1040-SR has been designed to cater to their needs. TRAVERSE CITY ...

Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...

WASHINGTON — The IRS is warning nearly 1 million taxpayers that they may be leaving more than $1 billion on the table because they never filed a 2020 return. The federal tax collector said Monday that ...

CHICAGO (WLS) -- Here's some good news on Tax Day: you may have extra money owed to you. The IRS says there is a $1 billion on the table, refunds owed to people who never filed a return in 2020. You ...