The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

Elon Musk posted that the IRS Direct File group had been "deleted," prompting confusion about the free tax prep service's future.

Elon Musk's growing power and unprecedented access to sensitive payment systems are raising concerns about tax season impacts.

This year, Pennsylvanians can use the new IRS Direct File tool to file simple federal and state tax returns for free. The ...

What is the Earned Income Tax Credit? The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income ...

The amount you pay the IRS each year is determined by your tax bracket. That, in turn, is based on your taxable income and filing status. But there are several ways you can lower your taxable ...

which are taxed at your federal income tax rate (up to 37% for the 2024-2025 tax filing season). However, you may only pay up to 20% for capital gains taxes. And unlike ordinary income taxes ...

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...