IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you should expect to pay taxes on that, too.

Most taxpayers can expect to receive their refund in a matter of weeks. We’ll show you how you can check up on the status of your tax refund.

The deadline to file federal tax returns and Illinois state returns is Tuesday, April 15, unless a taxpayer takes an extension. Here’s what else to know about filing your return ...

The Internal Revenue Service is one of many branches of the federal government subject to President Donald Trump’s hiring freeze (which also rescinded standing job offers) and his deferred resignation ...

Yes, individuals who file both online and in-person can use the IRS' website to track the status of their tax refund. Refund ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Nobody likes learning about unexpected tax liabilities at the last minute, but paying with cash isn’t your only option.

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...

You pay your federal income tax liability through withholding from your paycheck, estimated tax payments (usually if you’re ...

A Billerica paving company owner has been sentenced to six months in prison after pleading guilty in federal court to a tax evasion scheme that allowed him to pocket over $1 million in unpaid federal ...

Startup shut down; healthy, wealthy and crooked; won't ever stand the strain; and other highlights of recent tax cases.