You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
A step-by-step guide to help you fill out a W-4 Nora Carol Photography / Getty Images You're about to begin that much-needed, new job and your employer hands you an IRS Form W-4 to fill out and submit ...
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
The IRS issued Proposed Regulations last month which provide helpful clarity for employers on how to implement and comply with two new SECURE 2.0 provisions relating to catch-up contributions.
The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...
The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.
A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...
Online tax software can help you file your tax return faster. Here's how to pick the right filing service. Danni Santana has spent seven years as an editor and business journalist covering ...
There's no catch-all service that can help anyone file for free. But there is likely an option for everybody. Danni Santana has spent seven years as an editor and business journalist covering ...