According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers already receive their refunds by direct deposit into their bank accounts,” the agency wrote in the announcement.

CHICAGO (WLS) -- Tax season is here and so are scammers who are sending texts that look like they're from the IRS but are designed to get your personal information or even steal your tax refund. One example of such a scam message claims it's from the IRS ...

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. Taxpayers residing in a federally declared disaster area may have additional time to file and pay federal taxes. The IRS offers ...

Starting in 2025, the IRS will no longer issue paper checks for tax refunds, signaling a significant transformation in the way Americans receive their tax returns. This decision is part of a broader initiative to modernize federal financial operations,

If you think you need to pay for tax preparation services, there is a good chance it is not necessary. The IRS released tips on Tuesday for tax payers to save money on tax preparation and assistance. The IRS is reminding taxpayers that earn up to $72,000 a ...

Donald Trump just changed how you will get your IRS tax refund. Here’s what to know Oct. 1, 2025, 10:31 a.m. Beware: Hochul’s inflation refund check comes with this tax bite Oct. 2, 2025, 10:46 a.m.

This year, if you receive an extension, the deadline to file will be pushed back to Oct. 15. Chris Gash for Money Tax Day is nearly here. Tuesday’s federal income tax deadline is approaching quickly, but if you’re not ready to file, don’t panic ...