Follow the latest Taxes news, videos, and analysis from ABC News.
1 month ago
IRS considering revoking Harvard’s tax-exempt status: Reports
ABC News’ Jon Karl has the latest on reports that the IRS is now considering whether to pull the university’s tax-exempt status after the institution rejected the Trump administration’s demands.
1 month ago
1 month ago
Expert tips and tricks for filing last-minute tax returns
Bankrate tax expert Kemberley Washington joined ABC News Live with tips on how to file your tax return before the IRS April 15 deadline.
1 month ago
1 month ago
Answering your last-minute Tax Day questions
With Tuesday being the deadline for filing your taxes, ABC News’ Trevor Ault has the answers for all the most-searched questions, including how to file an extension and new rules to be aware of.
1 month ago
1 month ago
Filing your taxes late? Here's what you need to know
Late tax filers risk penalties but can take steps to avoid them.
1 month ago
1 month ago
What to know ahead of Tax Day deadline
Tax Day is April 15 for most, and experts recommend that most Americans without big expenses who are still looking to file use the standard deduction to save time and money.
1 month ago
1 month ago
IRS will share taxpayer data with DHS about immigrants illegally in US
The IRS and DHS have reached a data-sharing agreement to support the Trump administration's immigration enforcement agenda, according to a court filing Monday night.
1 month ago
1 month ago
What to know 1 week before Tax Day
"GMA3" breaks down what you need to know with Tax Day just a week away, from key to-dos to how IRS staffing cuts could impact refund timing.
1 month ago
1 month ago
Tax tips for parents
Parenting expert Bethany Braun-Silva joined ABC News Live to discuss tax tips for parents and how new global tariffs may impact the market.
1 month ago
1 month ago
IRS begins layoffs with eliminating civil rights office, will cut up to 25% of staff
The IRS started a new round of layoffs on Friday beginning with the agency's Office of Civil Rights and Compliance, according to an email obtained by ABC News.
1 month ago
2 months ago
What to know about the size of your tax refund this year
As the filing date approaches, some could see bigger returns this year thanks to changes to deductions and opportunities to claim certain credits.
2 months ago
2 months ago
Tips to save money this tax season
Andy Phillips, from “GMA” sponsor H&R Block's Tax Institute, shares advice on getting tax help, common questions about refunds and more.
2 months ago
2 months ago
How to avoid tax scams
It's tax filing season and the IRS is warning of an increase in tax-related scams. Know what to watch for and how to avoid becoming a victim. ABC News' Reena Roy reports.
2 months ago
3 months ago
DOGE won't get broad access to IRS personal taxpayer info, agreement states
A member of the DOGE team assigned to work at the IRS will not be granted broad access to Americans' personal tax information, according to a memo obtained ABC News.
3 months ago
3 months ago
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.
3 months ago
3 months ago
IRS faces cuts months away from tax day
DOGE was also sued after requesting access to an IRS data system that retains the personal tax information on millions.
3 months ago
3 months ago
What you need to know to file your taxes
Tax analyst Kemberley Washington shares what you need to know before filing your 2024 tax return.
3 months ago
3 months ago
15,000 IRS workers face potential termination
The widespread firings are part of the unprecedented purge of the federal workforce with President Donald Trump empowering Elon Musk to dramatically slash the government’s budget.
3 months ago
4 months ago
What to know about tax filing season 2025
The IRS said it expects 140 million individual tax returns to be filed.
4 months ago
4 months ago
Tax season begins on Monday
Founder and CEO of Your Rich BFF Vivian Tu joins ABC News Live to discuss tax season and how you can save.
4 months ago
4 months ago
Filing your taxes
ABC News Correspondent Alexis Christoforous provides the latest changes to filing your taxes and tips on how to save money.
4 months ago
4 months ago
Tax filing 2025: Here's what to know
Tax filing season kicked off on Monday as the U.S. Internal Revenue Service began accepting completed tax forms.
4 months ago
6 months ago
Trump proposes eliminating the income tax. Here's what experts think.
Experts cast doubt on whether the lost revenue could be replaced with tariffs.
6 months ago
1 year ago
Taxpayers to foot bill for majority of FLOTUS Paris-Delaware trips for Hunter trial
Taxpayers will front the majority of first lady Dr. Jill Biden's travel between Paris, France, and Wilmington, Delaware, to attend Hunter Biden's trial.
1 year ago
1 year ago
What to do if you missed the Tax Day deadline
"GMA" shares tips on how you can still file, the fees involved and whether it will affect your refund if you missed the deadline on April 15.
1 year ago
1 year ago
Last-minute tax tips before you file
You have until midnight Monday to file your taxes and avoid getting hit with penalties and interest.
1 year ago
1 year ago
How to get a last-minute tax filing extension
An extension affords filers more time but comes with limitations.
1 year ago
1 year ago
How to get a last-minute extension on filing your taxes
An extension affords filers more time but comes with limitations.
1 year ago
1 year ago
IRS Commissioner sounds alarm on tax scams
IRS Commissioner Danny Werfel walks ABC News’s Rebecca Jarvis through the red flags from scammers and how taxpayers can stay protected.
1 year ago
1 year ago
Reporter warns against relying on AI tools for filing taxes
H&R Block and TurboTax are rolling out new AI chatbots to assist users preparing their own taxes, but a Washington Post tech reporter says his experience trying out the tools was less than perfect.
1 year ago
1 year ago
Authorities warn about 'jugging' amid tax season
"Jugging" is when criminals watch a person make a transaction at their bank, then follow them to their next destination to take their money.
1 year ago
1 year ago
IRS launches tool for free tax filing
The Internal Revenue Service has launched “Direct File,” a free online tool designed for taxpayers with very basic returns.
1 year ago
1 year ago
Here’s how to get a bigger tax refund this year
There are many ways American can yield a higher reward on their taxes ahead of the April 15 deadline.
1 year ago
1 year ago
How to get a bigger tax refund, according to experts
The size of a tax refund may depend on the approach taken by a filer.
1 year ago
1 year ago
Tax updates in 2024
New changes, including upgraded tax brackets and deductions, new tax credits and expanded eligibility for free filing, go into effect this year.
1 year ago
1 year ago
Former IRS agent and tax journalist talks about filling in 2024
Kemberley Washington, CPA and tax analyst, talks about must-know tax changes regarding child tax credits and penalties.
1 year ago
1 year ago
IRS to open its free tax filing site to more new users
As the tax filing season gets underway, taxpayers in some states will have available to them in “the coming days,” the IRS said Wednesday.
1 year ago
1 year ago
Answering your questions about taxes
Business reporter Alexis Christoforous answer your questions on inheritance tax and homeowner tax deductions.
1 year ago
1 year ago
What to know about Parent PLUS loan forgiveness
ABC News' Alexis Christoforous reports on options to pay Parent PLUS loans and electric vehicle tax breaks in today's "Ask Alexis."
1 year ago
1 year ago
House passes bipartisan tax bill
A bipartisan tax cut bill is now headed to the Senate. The $78 billion bill passed the House in a rare bipartisan vote, but now it's facing some resistance with Senate Republicans.
1 year ago
1 year ago
House passes bipartisan tax bill that would expand child tax credit
The House passed a bipartisan tax bill that would enhance the popular Child Tax Credit to benefit millions of American families.
1 year ago
1 year ago
Tips for filing your taxes
ABC News business reporter Alexis Christoforous has what you need to know about filing your taxes this year.
1 year ago
1 year ago
IRS launching new programs to make filing easier as 2024 tax season begins
The IRS is offering new programs for taxpayers during the 2024 tax filing season after receiving supplemental funds to increase services from the Inflation Reduction Act.
1 year ago
1 year ago
IRS begins accepting 2023 tax returns
The IRS is encouraging people to create an account for free at irs.gov, where they can see balance and payment options, file for extensions and use an interactive tax assistant to answer questions.
1 year ago
1 year ago
Last minute ways to lower your tax bill
ABC News business reporter Alexis Christoforous provides helpful strategies to help lower your tax bill.
1 year ago
1 year ago
2023 tax return filing starts Monday
ABC News' Alexis Christoforous joins us with what’s new from the IRS this year.
1 year ago
1 year ago
Capitol Hill lawmakers struggle over bipartisan tax deal
ABC News political correspondent Rachael Bade breaks down the struggle lawmakers on Capitol Hill are facing to come to an agreement over an $80 billion bipartisan tax deal.
1 year ago
1 year ago
IRS announces plans to simplify tax notices
The IRS is launching a new initiative to redesign and simplify common tax documents. This, as airlines' frustration with Boeing's manufacturing issues is boiling over.
1 year ago
1 year ago
The IRS announces plans to simplify and redesign tax notices
With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents.
1 year ago
1 year ago
New proposal could expand child tax credit
ABC News’ Elizabeth Schulze talks about a new proposal in Congress that could expand the child tax credit and what it could mean for your family.
1 year ago
1 year ago
Hunter Biden pleads not guilty to federal tax charges
Federal prosecutors allege Hunter Biden of failing to pay $1.4 million in taxes and used the money to fund an extravagant lifestyle.
1 year ago