TAXES-2025
Filing season is already underway: The IRS is accepting returns from all taxpayers starting January 27. That's prompting many to turn to the agency's Where's my refund? app to track when they'll receive their 2024 tax refund. It's expected that…
The Internal Revenue Service (IRS) announced on Jan. 10 that it will begin accepting official tax returns for 2024 on Jan. 27. More than 15 million tax returns are expected to be filed by the April 140 filing deadline. The announcement comes amid a major revamp of…
Every year before filing tax returns, we think about whether to fill everything out ourselves using tax programs or hire a professional? Both options have their pros and cons, and the right decision depends on your tax situation. About the nuances of filing tax…
Choosing a tax professional is important to preparing an accurate and well-prepared tax return. The Internal Revenue Service (IRS) provides guidance and resources to help taxpayers make informed choices and avoid scams. Types of Tax Professionals There are three…
December isn't just about the Christmas tree and plans for next year. It's also about summing up your finances and preparing to file your taxes. The IRS announces inflation-related rates and deductions every year. We've collected the data to…
Most Americans know that charitable contributions, retirement contributions, student loans and mortgage interest are not taxable. What about your pets, swimming pool, private jet or cosmetic surgery? USAToday reported on the unusual deductions taxpayers have requested and received from the IRS.…
Not all questions can be answered using the Internet, especially when it comes to taxes. Anyone who has tried to call the IRS knows that talking to a live person on the other end of the line is nearly impossible. LifeHacker tells you how to get help...
US tax residents are required to pay taxes on all their worldwide income. Non-residents pay US tax only on income earned in the United States. The IRS explains who pays what taxes. To find out if you are a tax resident, check...
The proverb says: the only inevitable things in life are death and taxes. This saying dates back to 1716, and the word “tax” itself has a long history and means “a sum of money required by the government.” The word comes from the Latin taxare: “blame, charge” and dates back to around the XNUMXth century. WITH…