The average IRS tax refund amount is 32.4% lower than it was at around the same point in the filing season in 2024 ... compared with $3,167 in late December 2023. It's unclear exactly how ...

The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get ...

The problem is that it may be too late ... in Congress, filing paper returns with letters of explanation, appealing the rejection of their credit through an IRS process, weighing legal action ...

Lou Leon Guerrero. I urge the 38th Guam Legislature to support Bill 14-38, recently introduced by Taitague, that would impose fines on agency heads for late filing of financial reports.

As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.

IRS is cutting thousands of jobs, which some say will potentially create headaches for taxpayers. Tax refunds are down so far, but IRS attributes some decline to the calendar. Wild sound bites and ...