Illinois is one of 25 states participating in the Direct File program, but a number of senators say the program is too pricey ...

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know ...

Once again, the old saying that there are two things inevitable in this life: "taxes and death" takes relevance and it is for ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

The Trump administration is reportedly laying off thousands of IRS employees right in the middle of tax filing season.

Whether or not you are required to file a federal income tax return this year depends on how much you earned, source of the ...

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...

Save up to $50 on filing your 2024 taxes with these TurboTax software deals before the dreaded April 15 deadline. Shop the ...