Nearly 5 million taxpayers to get money back from the IRS. Here’s how much — and why

The IRS is giving nearly 5 million ... from us in a while suddenly getting a larger tax bill,” IRS Commissioner Danny Werfel said in a news release. “The IRS should be looking out for ... Read More

Bucks Taxpayers To Shell Out More In 2024 For County Services

DOYLESTOWN, PA — Bucks County taxpayers will be shelling out more in 2024 to wipe out ... included in the budget is expected to raise nearly $17 million annually by adding $60 to the average ... Read More

Biden’s student loan cancellations to cost taxpayers $559B as households earning $300K benefit the most: study

Biden rolled out the SAVE Plan just weeks after the Supreme Court struck down his $430 billion student debt cancellation gambit for more than 40 million borrowers in June 2023. Eleven Republican ... Read More

Americans Are Running Out of Time to Claim $1 Billion in Tax Refunds

Taxpayers have more than $1 billion in unclaimed refunds for tax year 2020, but the IRS will hold payments only until May 17. Read More

US Tax Refunds Decline 3.3% This Year in Run-Up to Deadline

Fewer US taxpayers have ... showed that 66.8 million taxpayers were reimbursed through April 5 compared to 69.1 million through April 7 last year. That means that 3.3%, or roughly 2.3 million ... Read More

Tax Deductions

Keep more of your investment income with savvy tax planning moves. The Latest Learn how to protect yourself from audit red flags – and strengthen your case if you do hear from the IRS. Read More

US to Shell Out $4B in First Round of Advanced Energy Tax Credit

The United States Department of Energy (DOE) has announced $4 billion in tax reductions for projects ... The DOE has allocated $800 million for projects involved “in multiple electrical steel ... Read More

Why is tax day on April 15? Here's what to know about the history of the day

Are you ready? Tax day is here. Tax day, or the last day for U.S. taxpayers to file a 2023 return, falls on April 15 almost every year, unless that day conflicts with a weekend or a holiday. Read More

USA TODAY Podcasts

USA TODAY delivers a curated mix of the day’s most important news and information to pique your curiosity and explore your passions. Episode by episode, we leave you with a better understanding ... Read More

Half of Iranian missiles launched at Israel were duds — and nearly all of rest were taken out by US: report

Shortly after the attack Saturday, President Biden said US forces took out “nearly all” the Iranian ... told the Arab outlet Al-Mayadeen News. Reports in Israeli media suggest the nation ... Read More

IRS Zaps Nearly $1 Billion in Penalties for Taxpayers

Roughly 4.6 million individual taxpayers who owe for tax years 2020 and 2021 will be eligible for the penalty relief. The IRS is extending the olive branch because it stopped sending out many ... Read More

IRS plans to more than double its audit rate of wealthy taxpayers

Funding for the latest enforcement efforts was included in the Democrats' health care and climate change spending bill that President Biden signed into law in 2022. Read More