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