The IRS has finished correcting millions of 2020 tax year returns—a process that resulted in the agency issuing 12 million tax refunds averaging $1,232 each, for a total of about $14.8 billion. The ...

The good news: The Internal Revenue Service says it’s on track to dig out of the pandemic-related backlog of tax year 2020 returns by year end 2021—just in time for the 2022 tax filing season to kick ...

We all had a lot going on during the pandemic, so if filing your taxes fell by the wayside, you may have a pleasant surprise in store. The Internal Revenue Service announced Tuesday that almost ...

The IRS may owe those who didn’t file their 2020 taxes hundreds — even thousands — of dollars, but the deadline to claim that money is fast approaching. Nearly 1 million taxpayers have yet to submit ...

WASHINGTON — The IRS is warning nearly 1 million taxpayers that they may be leaving more than $1 billion on the table because they never filed a 2020 return. The federal tax collector said Monday that ...

Time is running out for Kentucky taxpayers to claim millions of dollars in tax refunds set to expire this year. Taxpayers face a May 17 deadline to claim any leftover refunds from tax year 2020. The ...

More than $1 billion in refunds are waiting to be claimed, and today is the last day to do so, the IRS says. There are almost 940,000 people across the country, who have yet to file their 2020 taxes – ...

Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. For two years in a row, the Association of Certified Fraud Examiners has ...

The tax returns of former President Donald Trump and his wife Melania show they reported negative income in four of the six years between 2015 and 2020. In three of those years — 2015, 2016 and 2017 ...