IRS

Don’t focus on the bottom line. That’s President Joe Biden’s message for fellow Democrats about his plan to raise taxes to remake large swaths of the American economy, Biden is trying to persuade Democrats to look past specific numbers and embrace a more emotional argument that the plan is fair.

The IRS just sent out a second round of advance child tax credit payments, but some taxpayers with Individual Taxpayer Identification Numbers (ITIN) are still waiting for their first payments. The IRS tells NBC Responds it is working on a fix. Read on to learn about the payments and what families can expect. How the advance tax credit works The…

The second of six monthly installments of the enhanced child tax credit payments went out on Friday. A closer look at how the payments work, who can receive them and what to do if you haven’t received a check

The Justice Department says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records

A closer look at how the payments work, who can receive them and why some parents are opting out

NBC 7 Responds looks at how the early payments that start in July could cost you when the next tax season rolls around.

People have been collecting the child tax credit for years. This is the first time people can get them in advance. It’s designed to help people who rely on the tax credit, but you might want to do a quick once-over before getting your money upfront.

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals

The richest 25 Americans pay less in tax — 15.8% of adjusted gross income — than many ordinary workers do, once you include taxes for Social Security and Medicare, the nonprofit investigative journalism organization ProPublica found

President Joe Biden and first lady Jill Biden released their 2020 taxes

President Joe Biden has released his tax returns, restoring a long-standing presidential tradition.

In the last decade, your chances of getting audited have shrunk from slim to virtually none.

A U.S. tax court has handed a major victory to the estate of Michael Jackson in a years-long battle

The new tax filing deadline is May 17th. It was extended to give people more time to file after changes to tax law that took place during filing season. One of those changes exempted some unemployment benefits from federal taxes and gave some people pause.

The Internal Revenue Service has issued a warning about a phishing scam targeting students and staff at colleges and universities

Tax filing season will start a bit later and look a bit different this year.

NBC 7 Responds has some tips to make filing your tax returns easier during an uncertain year.

Stimulus prepaid cards are causing some confusion in San Diego and across the country. NBC 7’s Amber Frias explains

As millions of stimulus payments are starting to arrive, many are surprised about how they’re getting their money.  The U.S. Treasury Department started sending out cards to about eight million Americans last week. What may be confusing is some people who got paper checks for the first stimulus payment, are now receiving debit cards.  Here are some tips on...

The controversy over Prince’s estate is heating up again after the Internal Revenue Service said administrators have undervalued it by 50%, or about $80 million