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…
On January 27, the Internal Revenue Service (IRS) began accepting and processing tax returns for 2024. If you're anxious to get your refund or just want to understand the maximum tax filing deadlines, CNN explains what you need to do. Find out…
The new tax season is approaching, and while most Americans are preparing to file their taxes, there are those who won't. People don't file tax returns for various reasons: a difficult divorce, death or illness of loved ones, and sometimes they just don't want to, thinking 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…
Filing a tax return is often a difficult and confusing task. With so many numbers, abbreviations and deadlines, it can be difficult to understand how to interpret the IRS's actions, USA Today reports. Let's start with transaction codes, three-digit codes that indicate what the IRS will do to your...
On November 9, the Internal Revenue Service (IRS) announced it was raising tax rate thresholds and the standard amount Americans can deduct from their taxes. CNBC writes about this. These changes are two of several adjustments based on rising inflation. They…
Some California taxpayers are reported to be receiving notifications that their taxes are due this month, although that period was extended for most Californians in January due to severe weather emergencies. The publication MSN told in more detail. Jeff Boger...
The Internal Revenue Service (IRS) is asking millions of taxpayers in California, Colorado and other states that granted tax breaks last year to delay filing tax returns, CBS reports. The service said it is trying to find out whether these tax credits and special refunds are considered taxable…