Even though the 2025 tax season has only been open less than two full weeks, the IRS has already been busy processing tax ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may ...

Getting a big tax refund generally means you overpaid ... “I often encourage folks to use the IRS withholding calculator to determine the right amount to have deducted from their paycheck.

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

The U.S. Department of the Treasury and IRS on Jan. 10, 2025, released initial guidance regarding the production tax credit (PTC) for clean ...

Q2 2025 Earnings Call Transcript February 4, 2025 H&R Block, Inc. misses on earnings expectations. Reported EPS is $-1.73 EPS ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

For the 2023 tax season, the IRS processed 163,515,000 returns, resulting in an average refund of $3,170, a slight increase from the previous season's average of $3,145. With inflation and ...