The taxman is using advanced technology to spot inconsistencies—make sure your return does not stand out for the wrong ...

While filing early can mean a faster refund, experts warn rushing through a return or missing paperwork can lead to costly mistakes.

IRA custodians are required to issue IRS Form 5498 by May 31 to report certain IRA activity for the previous year. You might receive a Form 5498 for 2023 if you had reportable deposits for your IRA, ...

Fewer taxpayers are subject to gift taxes thanks to a $12,920,000.00 lifetime gift tax exemption for 2023. Because many taxpayers do not fall under the exemption amount, they do not necessarily have ...

The IRS warns common e-file mistakes may delay your 2026 tax refund. IRS launched the 2026 tax season on January 26. Accuracy is now more critical than speed. A single typo in a Social Security number ...

For one reason or another, I had several calls last year with attorneys and others regarding IRS Streamlined Filing Compliance Procedure submissions gone wrong. In most cases, it was evident that the ...

If you don't know the difference between a W-2 and a W-4 or a 1040 and a 1099, you're not alone. Everyone needs to understand how every IRS tax form is used and when to use them. There are many forms ...

GREENVILLE, S.C. (FOX Carolina) - The South Carolina Department of Revenue (SCDOR) is reminding residents of common errors on tax returns that may delay your refund or increase your tax bill. SCDOR ...