IRS

Today marks the 2021 tax deadline. Individuals who need additional time to file beyond the May 17 deadline can request a filing extension until October 15…

It's that time of year when many local residents have begun counting down to April 15. What's new is COVID-19 and how to account for it.Many are…

"All taxpayers and businesses will have this additional time to file and make payments without interest or penalties," Treasury Secretary Steven Mnuchin said Friday.

The nation's new tax law places a cap on the amount of state and local taxes that someone can deduct from their taxable federal income. That caused panic…

Buffalo Public Schools have settled with New York State for just under $1.2 million in previously unreported income taxes for district employees. At the…

The new calculation reduces by $50 the amount a family can put into these HSA accounts this year. Anyone who has already funded the account at a higher level will need to adjust, or risk IRS scrutiny.

The agency faces a new challenge with fewer employees and possibly more budget cuts. The lack of personnel may be most apparent with the IRS help line, which confused taxpayers turn to for guidance.

For many, the college application process may be a little easier this year because the Internal Revenue Service has again switched on its computer program…

Tick...tick...tick... Some are surely scrambling Tuesday, as midnight is the deadline for filing state and federal income tax returns. Even though most…

For hundreds of thousands of prospective college students, the most important paperwork may be the dreaded FAFSA form, the pathway to federal financial…