The consequences of following so-called “tax experts” online has cost taxpayers millions in fines — with the IRS reporting it has imposed more than 32,000 penalties costing more than $162 million.

These schemes often involve the misuse of tax credits that are only available in specific situations, such as the Fuel Tax ...

The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...

Living abroad doesn’t mean you can leave your U.S. tax responsibilities behind. If you’re an American expat, the IRS still expects you to report your worldwide income — no matter where you live or ...

(AP) - A federal judge on Monday refused to block the Internal Revenue Service from sharing immigrants’ tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting ...