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Tax season

If your student loans were forgiven last year, what does that mean for your tax bill?

by Samantha Fields
Feb 15, 2024
Due to a temporary change in the law, student loan forgiveness is not considered federally taxable income. State tax laws vary, though.
Anyone who received forgiveness in 2023 or gets it in the next two years doesn’t have to worry about federal taxes.
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Expect a messy tax season after last year's delays

by Kristin Schwab
Jan 17, 2022
Some 6 million returns from last year have yet to be processed. Delays could snowball for seasons to come.
File your taxes early, experts advise. Delays in moving last year's returns through the system could stall processing this year.
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IRS urges taxpayers to prepare to file ... and to wait

by Amanda Peacher
Jan 13, 2022
In a statement Monday, the agency warned that it is still addressing a backlog of taxpayer inquiries from the past year.
Anticipating a high volume of calls and the ensuing backlog, the IRS is urging people to prepare as much as possible this tax season.
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COVID-19

Your tax questions, answered

by Janet Nguyen
Mar 30, 2021
Up to $10,200 in unemployment benefits is tax-free. What do you do if you already filed your return?
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This year's tax season is likely to be more stressful than usual

by Kimberly Adams
Feb 12, 2021
For a lot of people, the last year has been weird, from a tax standpoint.
Though the start of tax season was delayed, the traditional filing deadline is back.
Llgorko via Getty Images
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COVID-19

COVID-19 relief: Direct checks and a 90-day tax extension

by Janet Nguyen
Mar 17, 2020
"Americans need cash now," Treasury Secretary Steven Mnuchin says at a press conference.
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A short-staffed IRS is trying to reform

by Nancy Marshall-Genzer
Mar 3, 2020
The IRS is trying to modernize its computer systems and improve customer service — with a smaller budget and workforce.
The Internal Revenue Service Building in 2008.
Shashi Bellamkonda
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Calling in the pros this tax season

by Robyn Edgar
Apr 15, 2019
With so many changes to the tax code, people like Evin Moore are using experts.
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House votes to continue controversial IRS program

by Ben Bradford
Apr 10, 2019
The "free file" program is controversial because it's run by the same private companies that make money on tax preparation.
Armando La Rosa directs people to the Liberty Tax Service office as the deadline to file taxes looms on April 15, 2016 in Miami, Florida. 
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Why so few people do taxes on their own

by Marielle Segarra
Apr 10, 2019
Fear of costly mistakes drives some taxpayers to use a professional or software.
TurboTax products sit on display at Costco in 2016.
Kimberly White/Getty Images
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