Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Composite by ...
The Internal Revenue Service recently boosted the earned income tax credit for 2026, potentially increasing refunds for low-income families. The IRS adjusts tax brackets and filing requirements based ...
As someone whose life’s work is helping small businesses navigate our nation’s complex tax system, I have witnessed firsthand how the Internal Revenue Service has become an outsized force that too ...
Since 2022, the IRS has witnessed a concerning surge in refund claims. The most recent of these stems from deceptive social media posts and individuals pretending to be tax experts, luring ...
At this writing, the United States has not yet had a direct hit this hurricane season, but it IS the peak of hurricane season, and wildfires loom, too. So the IRS has issued a refresher that can be ...
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits of high-income taxpayers during fiscal year 2024, in line ...
In a break with decades of tradition, the Internal Revenue Service says it will allow houses of worship to endorse candidates for political office without losing their tax-exempt status. The surprise ...
In June 2025, a claim circulated online that from January 2026, a new federal law will prohibit children in the U.S. from inheriting their deceased parents' houses. Text over the footage read: "You ...
Arkansas taxpayers hammered by storms, tornadoes and floods now have until Nov. 3 to file a variety of individual and business tax returns and make payments, according to the Internal Revenue Service.