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…
As high inflation places an additional financial burden on Americans, some states are helping with lump sum stimulus payments to offset the damage from higher prices, according to FoxBusiness. At least 20 states offer lump sums or extended tax credits to help…
When you turn 50, and especially after 65, you may be eligible for additional tax breaks. Seniors receive a higher standard deduction and can earn more. Employees over 50 can also save and avoid paying taxes on big bucks, ...
Who wouldn't want an extra $ 300 or even $ 3000 in cash? But, oddly enough, millions of Americans miss this opportunity every year, writes USA Today. According to the Internal Revenue Service, across the country, only 4 out of 5 employees apply for ...
Every person is trying to save money on electricity bills. There are several government programs that can help you lower your electricity bills. Some of the best are in California. 1. Get $300 for turning off the lights To do this, you need to sync your account with the OhmConnect program by registering for...
US taxpayers can include in their return not only the spouse, but also the boyfriend or girlfriend with whom they live. This can help reduce taxes. However, for this you need to meet certain conditions. Experts interviewed by Go Banking Rates told how to arrange the necessary ...
Tax season is in full swing, and if you bought a home in 2016 or earlier, then you probably want to take advantage of one of the many tax breaks that you are entitled to. Credit.com spoke with Mark Luscombe, chief analyst at Wolters Kluwer Tax & Accounting. He adviced…