The IRS announced Monday June 7 that taxpayers who are eligible for the Extended Child Tax Credit will receive a letter in the mail from the IRS in the following days informing them of their eligibility, CNBC writes. The payout will be based on ...

Eligible families will receive benefits from July 15, writes ABC News. The vast majority of American families with children will automatically receive up to $ 300 a month per child starting July 15, the IRS announced on May 17 ...

Fines for late filing of tax returns are deliberately set high enough to encourage taxpayers to do everything on time. In addition to this, the IRS may impose additional fines and interest on unpaid taxes, which will further increase your score, writes GOBankingRates. It is important to make an effort ...

Many US residents do not know that they can file a tax return for free - using special software, writes Well Kept Wallet. We remind you that the deadline for filing tax returns in 2021 has been extended until May 17 - now is the time to explore which services...

Some taxpayers still need to pay money in April this year, although the IRS has extended the tax filing season to May 17, CNBC recalls. Those making the estimated tax payments still have to make the first quarterly levy, which ...

The plans of the president and other Democrats to raise taxes will affect people with a wide range of incomes, writes MoneyTalksNews. Raising taxes for the rich and corporations was a central part of Joe Biden's campaign, and he confirmed in a recent interview with ABC News that it remains ...

On Saturday, March 6, the Senate voted to pass the $ 1,9 trillion American Rescue Plan Act, which includes provisions increasing the child tax credit to $ 3000 per child ages 6-17 and $ 3600 ...

The Internal Revenue Service (IRS) still has not processed millions of tax returns for 2019, writes Yahoo. The COVID-19 pandemic turned the tax season upside down last year, and even now, millions of people are still grappling with the consequences. In mid-February, the Tax ...

The Internal Revenue Service (IRS) is extending the tax deadline for Texas due to a winter storm, other states may also receive tax relief, writes USA Today. The IRS is extending the tax season for Texas residents due to winter storms. Instead of April 15 ...

Now that tax season has arrived, it's time to start tracking where your refund will be after filing your tax return. CNET explains how to do this. You will be able to track your tax refund status as early as 24 hours after you file your tax return ...