Taxes

He also underreported income on returns for tax years 2012 through 2015, causing the IRS and Illinois Department of Revenue a total of about $83,000 in lost tax revenue, according to his plea agreement with prosecutors.

As of Feb. 24, 943,000 taxpayers had filed returns using Free File, up from last year's comparable period of 860,000 returns filed.

The refundable Recovery Rebate Credit is aimed at taxpayers who did not get one or more of their pandemic-era stimulus checks.

Americans hate taxes so much that they would entertain some bizarre options for a tax-free life, according to WalletHub.

Allen Weisselberg pleaded guilty to two first-degree perjury counts at a brief Manhattan Criminal Court hearing on March 4.

Biden's vow to raise taxes on the rich, which he expects to make during his speech on Thursday, faces obstacles in Congress.

Hosts Randy Johnston and Brian Tankersley, CPA, discuss Stanford Tax, which leverages AI to understand your clients' prior year tax data, features broad integration options, and can import data from thousands of clients in under 10 minutes.

The mailings include more than 25,000 to those with more than $1 million in income, and over 100,000 to people with incomes between $400,000 and $1 million between tax years 2017 and 2021.