CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season — aka the IRS’ busiest ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329 is an attachment to the federal income tax return that must be filed by taxpayers ...

Thousands of workers are set to be out of a job at the IRS with just under two months left in the tax filing season. Thomas is a native of upstate New York and a graduate of the University at Albany.

you can ask your employer to withhold more tax from your earnings. You'd file a new Form W-4 with your employer. You can use a special line on Form W-4 to enter the additional amount you want your ...

Further details on child tax credits can be found in the Instructions for Schedule 8812 (Form 1040). For 2024, both the Adoption Credit and the exclusion for employer-provided adoption benefits ...

How to talk to a real person at the IRS How to make an appointment at an IRS office What to do before you meet with the IRS The recent layoffs of federal workers and office closures may mean ...

The agency has begun laying off more than 6,000 new employees, sources say. The Internal Revenue Service on Thursday began laying off more than 6,000 new and newly promoted employees across the ...

Doug O’Donnell, the acting head of the IRS, is expected to announce his retirement on Tuesday amid turbulence at the tax collection agency, according to a person familiar with his plans.

The Internal Revenue Service began to terminate thousands of employees Thursday, disrupting the agency when tax season is in full swing and tens of millions of people are seeking refunds.

The Internal Revenue Service began accepting tax returns on Jan. 27, and it has already received more than 23 million returns as of the beginning of February. That means millions of people are ...