Taxes
Follow the latest Taxes news, videos, and analysis from ABC News.
September 8, 2023, 7:10 PM

The IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes

The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes
September 8, 2023, 7:10 PM
IRS plans to crack down on 1,600 millionaires to collect millions in back taxes
1 month ago

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Intuit and H&R Block are among the firms being accused.
1 month ago
Democrats accuse tax prep firms of undermining new IRS effort on electronic free file
1 month ago

Money Monday: Extended tax deadline approaching

Forbes Advisor tax analyst Kemberley Washington drops by to share what you need to know if you filed a tax extension.
1 month ago
Money Monday: Extended tax deadline approaching
2 months ago

IRS is ending unannounced visits to taxpayers to protect worker safety and combat scammers

It's an effort to keep workers safe and combat scammers who pose as IRS agents.
2 months ago
3 months ago

IRS reduces tax return backlog by 80% and is doing better job answering the phone

The IRS has processed tens of millions of tax returns faster this year compared with years past, and getting through to customer service on the phone is slowly improving
3 months ago
IRS reduces tax return backlog by 80% and is doing better job answering the phone
3 months ago

Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign

Days after the bipartisan deal on the debt limit became law, House Republicans proposed a slew of tax cuts, leading to charges of hypocrisy by Democrats in a squabble that shows clashing visions for the U.S. economy
3 months ago
Who gets a break? Clashing ideas on tax relief are teed up for the 2024 campaign
4 months ago

The easiest way to get a $7,500 tax credit for an electric vehicle? Consider leasing.

Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an electric vehicle
4 months ago
The easiest way to get a $7.5K tax credit for an electric vehicle? Consider leasing.
5 months ago

By the Numbers: Tax Day

A look at the numbers behind Americans filing their tax returns ahead of Tuesday’s deadline.
5 months ago
By the Numbers: Tax Day
5 months ago

Lynn Richardson shares last-minute tax tips

The financial expert and “Get Your Money Back” author answers viewers' questions before Tax Day.
5 months ago
Lynn Richardson shares last-minute tax tips
5 months ago

Last-minute tips for filing your taxes

The official deadline to file taxes online is April 18 and ABC News business reporter Alexis Christoforous breaks down what you need to know about filing your taxes this year.
5 months ago
Last-minute tips for filing your taxes
5 months ago

Last minute tips for taxes

ABC News’ Alexis Christoforous shares last minute tips and whether you qualify for an extension as the tax deadline approaches.
5 months ago
Last minute tips for taxes
6 months ago

Tips for filing your taxes with the deadline 1 week away

Whether you have already filed or need an extension, ABC News business reporter Alexis Christoforous has the scoop.
6 months ago
Tips for filing your taxes with the deadline 1 week away
6 months ago

April tax filing deadline is rapidly approaching

ABC News business reporter Alexis Christoforous gives tips for filing your taxes and what to do if you can’t file on time.
6 months ago
April tax filing deadline is rapidly approaching
6 months ago

Expert answers questions ahead of tax season

With less than two weeks until taxes are due, ABC News Chief Economic correspondent Rebecca Jarvis answers all your questions ahead of the deadline.
6 months ago
Expert answers questions ahead of tax season
6 months ago

Money Monday: Get a better tax return next year

Forbes tax adviser Kemberley Washington shares what we can do today for a more generous tax return next year.
6 months ago
Money Monday: Get a better tax return next year
6 months ago

Money Monday: What to know before filing your tax return

Michelle Singletary, personal finance columnist for The Washington Post, breaks down what you need to know before filing your 2022 tax return.
6 months ago
Money Monday: What to know before filing your tax return
7 months ago

Taxpayers could see 1st 'normal filing season' in years

The IRS is answering 90% of calls to its customer service line this year.
7 months ago
Taxpayers could see 1st 'normal filing season' in years
8 months ago

IRS decides not to tax most state stimulus checks from 2020

Plus, Audi is collecting old rechargeable batteries to use for EV battery production, and Mcdonald's unveils a new meal for two just in time for Valentine’s Day.
8 months ago
IRS decides not to tax most state stimulus checks from 2020
8 months ago

The IRS suggests waiting to file your tax returns

Plus, Disney to slash $5.5 billion in costs and nearly 5 million bottles of Fabuloso have been recalled due to a risk of bacterial growth.
8 months ago
The IRS suggests waiting to file your tax returns
8 months ago

IRS expects better tax season service thanks to Inflation Reduction Act funding

The IRS is detailing the 2023 tax season resources as congressional Republicans try to rescind much of the Inflation Reduction Act's funding for the agency
8 months ago
IRS expects better tax season service thanks to Inflation Reduction Act funding
8 months ago

What to know about filing your taxes

With tax season kicking off, ABC News' Rebecca Jarvis shares what’s new going into this year, how things have changed post-pandemic and the quickest way to get a refund.
8 months ago
What to know about filing your taxes
8 months ago

Tax season officially begins next week

Financial expert Humphrey Yang joins with advice and what to do before filing taxes this year.
8 months ago
Tax season officially begins next week
9 months ago

Why your tax refund may be smaller this year

The expiration of COVID-era tax breaks means millions of Americans may get smaller refunds when they file their tax returns for 2022.
9 months ago
Why your tax refund may be smaller this year
9 months ago

Brace yourself for a smaller refund as COVID-era tax breaks expire

The expiration of COVID-era tax breaks means millions of Americans may get smaller refunds when they file their tax returns for 2022.
9 months ago
Why your tax refund may be smaller this year
1 year ago

TurboTax to pay $141M to customers after lawsuit

Intuit, the company behind the tax-filing software, agreed to pay restitution to customers who were charged when using its free tax-filing software.
1 year ago
TurboTax to pay $141M to customers after lawsuit
1 year ago

By the Numbers: Tax day

Individual income tax returns are due Monday, as the IRS still works to clear a backlog of unprocessed returns from 2021.
1 year ago
By the Numbers: Tax day
1 year ago

Treasury's Adeyemo talks IRS challenges

Deputy Treasury Secretary Wally Adeyemo discusses the tax day challenges faced by the IRS and penalty updates.
1 year ago
Treasury's Adeyemo talks IRS challenges
1 year ago

What you need to know about today’s tax filing deadline

Forbes Advisor tax analyst Kemberley Washington discusses everything you need to know about filing your taxes.
1 year ago
What you need to know about today’s tax filing deadline
1 year ago

How to file for a tax extension

Filing for an extension does not give you more time to pay, only more time to file paperwork.
1 year ago
How to file for a tax extension
1 year ago

What you need to know about filing taxes

These last-minute tips will help you file your taxes before the deadline.
1 year ago
What you need to know about filing taxes
1 year ago

What to know about child tax credit, stimulus payments ahead of tax day

With April 18 being tax day for most Americans, "GMA" shares tips on what you need to know to help maximize your return.
1 year ago
What to know about child tax credit, stimulus payments ahead of tax day
1 year ago

What to know about child tax credit and how to claim $1,400 stimulus payment before tax day

What to know about child tax credit and how to claim $1,400 stimulus payment before tax day.
1 year ago
What to know about child tax credit and how to claim $1,400 stimulus payment
1 year ago

Time to file your tax return

Learn some great tips to help complete your taxes before the deadline on April 18.
1 year ago
Time to file your tax return
2 years ago

FTC sues Intuit over TurboTax advertising

The Federal Trade Commission accused TurboTax of deceptive advertising and misleading claims.
2 years ago
FTC sues Intuit over TurboTax advertising
2 years ago

FTC sues Intuit TurboTax's ‘free’ filing campaign

With tax season in full swing, the federal government is suing one of the biggest tax-preparing companies, accusing it of deceptive advertising.
2 years ago
FTC sues Intuit TurboTax's ‘free’ filing campaign
2 years ago

What to know to get your tax refund faster

Tax season is officially underway, and Rebecca Jarvis has tips to maximize your return amid a number of changes and available credits.
2 years ago
What to know to get your tax refund faster
2 years ago

Tips as tax season begins

The IRS will begin accepting tax returns today, and unlike the past two years, there will be no COVID-19 extensions.
2 years ago
Tips as tax season begins
2 years ago

IRS to commence tax season early, warns of potential hiccups due to pandemic and funding issues

"The pandemic continues to create challenges," IRS head Chuck Rettig said.
2 years ago
IRS to start tax season early and warns of agency's limitations amid pandemic
2 years ago

IRS warns of tax refund delays

Unprocessed returns from last year, office closures, and new programs and benefits enacted by Congress are contributing to the backlog, and filers are encouraged to use electronic means.
2 years ago
IRS warns of tax refund delays
2 years ago

How to keep your 2021 tax bill down

Erielle Reshef shares last-minute tips and adjustments to make before the year is over.
2 years ago
How to keep your 2021 tax bill down
2 years ago

2021 Child Tax Credit calculator: How much could you receive?

The IRS on Thursday starts sending out money from the expanded child tax credit. Check how much you could receive with a calculator from ABC News' data journalism team.
2 years ago
2021 Child Tax Credit calculator: How much could you receive?
2 years ago

How our tax codes let the rich get richer: 'We need better tax laws'

How our tax codes are favor the wealthy over workers.
2 years ago
How our tax laws let the rich get richer
2 years ago

The IRS says 88% of families will receive a bigger child tax credit. How much will you get?

The vast majority of American families with children will automatically receive up to $300 per month per child under the 6 beginning July 15.
2 years ago
The IRS says families will receive a bigger child tax credit. How much will you get?
2 years ago

Last-minute tips as 2020 tax returns are due

ABC News' Rebecca Jarvis shares tips for filing an extension and shares when you can expect your refund.
2 years ago
Last-minute tips as 2020 tax returns are due
2 years ago

Federal income tax filings and payments for individuals due Monday

Federal income tax filings, payments for individuals are due Monday, except in Texas, Oklahoma and Louisiana -- where the deadline was extended into June.
2 years ago
Federal income tax filings and payments for individuals due Monday
2 years ago

Last-minute tax tips to know before filing

Financial expert Humphrey Yang answers tax return questions and walks us through what to do if you need to file an extension.
2 years ago
Last-minute tax tips to know before filing
2 years ago

Smart money tips ahead of Tax Day

ABC News’ Rebecca Jarvis shares what people need to know ahead of this year’s tax-filing deadline.
2 years ago
Smart money tips ahead of Tax Day
3 years ago

Houston tax preparer allegedly brandished gun at customers who complained about filings

A Houston tax preparer faces assault and robbery charges after she allegedly brandished a gun at a customer and stole the cellphone of another filming the altercation.
3 years ago
Tax preparer allegedly brandished gun at customers who complained about filings
3 years ago

TikTok experts help you get in shape for tax season

As the IRS extends this year’s federal filing deadline to May 17, some of TikTok’s financial experts share their must-know tips and tricks.
3 years ago
TikTok experts help you get in shape for tax season
3 years ago

IRS extends tax deadline by 1 month

The tax filing deadline moved from April 15 to May 17 to give taxpayers more time to prepare their returns amid a number of pandemic-related tax changes.
3 years ago
IRS extends tax deadline by 1 month