Democratic lawmakers introduced identical bills in the House and Senate to tax billionaires earlier this week, resurrecting a proposal that has failed to become law in the past.

Most taxpayers already receive refunds electronically. During the 2025 filing season, 93% of individual tax refunds were issued through direct deposit. Key takeaways from special elections in Arizona ...

The IRS will begin phasing out the use of paper checks for refunds to individual taxpayers at the end of September and will publish detailed guidance for 2025 tax returns before the 2026 filing season ...

The IRS announced today that paper tax refund checks will be phased out starting this month for individual taxpayers.Related video above: Are you eligible for Trump's tax relief on tips, overtime and ...

WASHINGTON — The Internal Revenue Service will phase out paper tax refund checks for individual taxpayers beginning Sept. 30, following a presidential executive order aimed at modernizing federal ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...