It's almost tax season! And the number one question we see every year is: when can I expect my tax refund? Most taxpayers ...
Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...
September 15 is a critical date for millions of taxpayers as the IRS requires quarterly estimated tax payments on income that isn't automatically subject to federal withholding—such as self-employment ...
The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...
Corrections & Clarifications: This story was updated to correct the deadline to file past due returns for 2021, which is April 18. With the clock ticking on tax season, the IRS is reminding Americans ...
The IRS announced at the end of 2024 that roughly 1 million taxpayers who did not receive their stimulus payments would see a check in the mail or the money automatically appear in their bank accounts ...
Taxpayers who failed to claim the Recovery Rebate Credit on their 2021 tax returns should have received payments by January 2025. There is still time to claim the Recovery Rebate Credit, but the IRS ...
What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...
The IRS announced over 1 million taxpayers have unclaimed tax refunds for 2021, totaling over $1 billion. The median refund amount is $781, and the deadline to claim it is April 15 of the current year ...
What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...