The deadline for filing tax returns has not been extended for everyone: who must pay taxes by April 15

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 ...

From taxi drivers to billionaires: who will be affected by the tax hike under Biden

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 ...

US Parents Can Get Up to $ 3600 Tax Credit Per Child: How To

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 ...

Millions of Americans have yet to receive tax refunds for 2019: what is the reason

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 IRS has extended the deadline for paying taxes for residents of some states

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 ...

Tax season 2021: when to expect a refund and how to track it

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 ...

Tax season 2021: what in your tax return might alert the IRS

This tax season can be challenging. Experts say that in addition to figuring out how coronavirus financial aid could affect tax refunds, more taxpayers will make mistakes and receive audit notices from the IRS. In some cases, this may mean ...

Financial aid in connection with coronavirus and taxes: what you need to know in 2021

Millions of US residents are still waiting for the first or second financial aid payment in connection with the coronavirus, while the Senate continues to negotiate a third. The US Internal Revenue Service (IRS) does not consider this money taxable income, reminds CNBC. Filing a tax return in this ...

Tax season 2021: key dates and IRS recommendations

The Internal Revenue Service (IRS) announced on its official website that the country's tax season will begin on February 12, 2021, when the agency will begin accepting and processing returns for the 2020 tax year. Season start date for individual tax filers ...

Tax season 2021: how to prepare and file your tax return online for free

The tax season will begin on February 12, but some taxpayers may already be looking at their taxes for 2020, USA Today writes. The Free File Alliance is an IRS program that partners with private companies to provide free tax training to millions of tax fillers ...

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