You only have to hold property for a year to become eligible for the lowest capital gains tax? There are tax credits to ease the…

The Internal Revenue Service says its mission is to "Provide America's taxpayers top-quality service by helping them understand and meet their tax responsibilities and by…

WASHINGTON (AP) -- It sounds like a taxpayer's dream: The IRS was audited and struggled to explain its own financial records. "The IRS cannot do…

Keeping records of stock purchases and sales and completing the tax forms to report capital gains and losses is tricky enough for the average investor.…

WASHINGTON (AP) -- The Internal Revenue Service is warning taxpayers about a scam in which people falsely are led to believe they can deduct from…

Tax time will be more perplexing than usual this year, but for millions of families, the results will be substantially more rewarding. New tax credits…

Not many people enjoy doing their taxes at the best of times. But spare a thought for those expats who need to do two tax…