irs

Hundreds of dollars in new child tax credits began hitting parents’ bank accounts Thursday. Here’s what it means for families who qualify.

A closer look at how the payments work, who can receive them and why some parents are opting out

Millions of American families will get their first advanced payment of the updated child tax credit from the IRS.

Starting this week, the IRS will deposit money into millions of bank accounts. Here’s how to get the money – and why you may want to turn it away for now.

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals

The richest 25 Americans pay less in tax — 15.8% of adjusted gross income — than many ordinary workers do, once you include taxes for Social Security and Medicare, the nonprofit investigative journalism organization ProPublica found

President Joe Biden and first lady Jill Biden released their 2020 taxes

President Joe Biden has released his tax returns, restoring a long-standing presidential tradition.

In the last decade, your chances of getting audited have shrunk from slim to virtually none.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle

The Internal Revenue Service has issued a warning about a phishing scam targeting students and staff at colleges and universities

Massachusetts is pushing back its tax filing deadline to match up with a decision by the federal government to move the federal deadline from April 15 to May 17 this year. Massachusetts taxpayers do not need to file any forms or contact the Department of Revenue directly to qualify for the automatic state tax extension. All Massachusetts taxpayers who received…

The IRS has postponed the tax filing deadline. But that only applies to federal payments, which raises the question, will Massachusetts move the deadline for state taxes as well? The federal agency announced Wednesday that it would move the deadline from April 15 to May 17 in order to give taxpayers more time to file tax returns and settle bills….

Tax day is just weeks away, and that means the efforts of online scammers hoping to take advantage are in full swing. Many scams involve messages using stimulus checks or the COVID-19 vaccine, designed to extract personal information or attract a click on a malicious link. Sometimes con artists impersonate the IRS. Here’s how to protect your information, and...

Tax filing season will start a bit later and look a bit different this year.

Tax season is here! How does a year of stimulus checks, unemployment payments and working from home play into things? If you’re one of the millions of Americans who collected unemployment in 2020, it is taxable. Richard Rothbell of Nashua, New Hampshire, did not withhold taxes from his benefits. “I wanted to get as much money as I could out…

Here’s what you need to know before you file your taxes.

Tax season is only a couple of weeks away — the Internal Revenue Service will begin accepting and processing 2020 tax year returns on Feb. 12 and they want you to be aware of scammers. Filing your taxes early may get you a refund faster, but it also puts you ahead of the criminals. Stolen identity refund fraud happens when…

The IRS’ criminal investigation division shared some of the tax scams you need to watch out for.

The IRS in Boston is warning taxpayers about a new wave of coronavirus related scams as stimulus payments are being delivered.