When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...

A new tax proposal in the U.S. Congress could significantly alter the financial landscape for millions of retirees.

The U.S. Congress is actively debating a proposal to reduce taxes on Social Security benefits, aiming to extend the tax cuts ...

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

Zelle said its user base jumped 12% to 151 million accounts in 2024, and that the total dollars sent on the platform jumped ...

Tax season can be complicated, and for many people, the biggest concern on April 15 each year is not just how much they owe, but how long they have to pay. After all, millions of Americans find ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

In response, the Internal Revenue Service (IRS) has issued special payments of up to $1,400 to approximately one million taxpayers, who will benefit from a refundable credit that will be of great ...

The 2025 tax season is officially underway with the IRS beginning to accept income tax returns from January 27, 2025. For many Americans, tax season brings mixed feelings. While the process of filing ...

The IRS has issued 3.2 million refunds for the ... taxes throughout the year via paycheck withholdings or estimated payments. "Filing electronically and selecting direct deposit is the best ...

As of Dec. 27, the average refund for the 2024 season was $3,138, which is about 1% lower than the average payment in 2023, according to the IRS. "Filing electronically and selecting direct ...