Fox Business

IRS says tax collection is more efficient this year, and receipts are up more than 5%

The Treasury Department wants to make the IRS more efficient under the Trump administration. And IRS data shared with FOX Business indicates total tax receipts for this tax filing season have ...
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These are the receipts to keep for doing your taxes

In case you forgot, Tax Day is April 15 this year — and it's quickly approaching. Gathering and saving receipts and tax documents is an important part of filing taxes and receiving your refund quickly ...

Bigger tax refunds may be coming — but missing key forms could flag your return for audit

Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when ...
Opinion

Tax Receipts Are Up, Which Means Inequality Is Too

It’s a bad news, good news scenario for the US economy and budget outlook. Income inequality is rising again after subsiding somewhat after the Covid-19 pandemic. But as a result, income tax receipts ...

Here’s How Long You Should Keep Tax Records If You Own a Home

Homeowners can learn how long to keep tax records, which documents to save, and when it’s safe to discard them under IRS guidelines.