Taxes

Whether you’re an early bird or a last-minute filer, it’s crucial to take advantage of tax-saving opportunities before the year ends.

Preparing for tax season in advance can save you a lot of stress down the road. NBC 5’s Alanna Quillen has the details.

You still have time to lower your 2024 tax bill or boost your refund before January, according to financial advisors. Here’s what investors need to know.

Trillions in Trump’s tax cuts will expire after 2025 without action from Congress. Here are key lessons from his 2017 tax overhaul.

IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.

Adidas’ German headquarters was raided as authorities investigate a yearslong tax concern.

Whichever party wins control of the House and Senate must decide how to handle a slew of consequential policy matters.

There’s still time to lower your taxes or boost your refund for 2024, financial experts say. Here are some strategies to consider before year-end.

The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.

The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here’s what taxpayers need to know.

Will the IRS “give you your money!?” Watch this explainer to see if you will qualify for the federal child tax credit.

The Biden administration has proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes.

Budget officials say Texas would have to spend tens of billions of dollars to eliminate property taxes, more than half of the state’s current two-year budget.

The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”

Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years.

The milestone is meant to showcase how the agency is making use of the money it received as part of the Biden administration’s Inflation Reduction Act. It comes as Republicans threatened cuts to the IRS.

Tax identity theft victims are waiting nearly two years for resolution and refunds from the IRS. But the agency is working on improvements.

The Tarrant County Commissioners Court says they’re increasing the homestead property tax exemption approved for homeowners last year to the maximum allowed by state law.

The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.

You could leverage tax planning strategies after unemployment if your income is lower in 2024, experts say. Here’s what to know.