income tax filing

The Internal Revenue Service said on Tuesday it has submitted a report to Congress evaluating a Direct File option for taxpayers. The federal agency said, in a statement, that many taxpayers are interested in using a free IRS-provided tool to prepare and file taxes. The IRS is taking steps to begin...

After the U.S. consumer inflation came in higher than expected at 8.3%, Treasury Secretary Janet Yellen acknowledged that inflation remains a problem and is of "tremendous concern to Americans," in an interview with CBS News. What Happened: Yellen, who has earlier occupied the...

2014 is here, and with it comes the annual tax filing scramble. The U.S. tax code is so big, archaic and hard to understand that literally hundreds of millions of dollars are spent every year by consumers -- who’d prefer to let a professional handle it for them. There are a number of...