Here is a press release you don’t see often from the IRS……

If you are attending college, or have a college student in your household, the following is a brief summary of the various education credits and deductions that may be taken on your tax return:

How are you going to file?

For filing season 2016, the Internal Revenue Service will test a capability to verify the authenticity of W-2 data as part of a series of steps to combat tax-related ID theft and refund fraud.

The Ohio Department of Taxation said it has blocked more than 297,000 fraudulent income tax returns attempting to steal $533.7 million in refunds since the flood of tax fraud started in 2014 in Ohio and nationally.

In this article, we will look at changes required for 1099s.