IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...
The Internal Revenue Service (“IRS”) issued proposed regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) that relate ...
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with IRS.
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...
Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...
If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...
Chelsea Clinton received $84 million in taxpayer dollars from the U.S. Agency for International Development.
Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.