There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...

Although it's not yet April, it's not too early to start thinking about filing your tax return. There are some tax deductions ...

Article Sources Investopedia requires ... Internal Revenue Service. “Form W-4. Employee's Withholding Certificate.” Internal Revenue Service. "Credits and Deductions for Individuals." Internal Revenue ...

Tax expert Turon Kendrick shares essential advice, emphasizing the importance of early but complete filing, ensuring all tax ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

As the current tax season continues and early filers look for their refunds, Ohio's Department of Taxation outlined new ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One positive outcome of the inflation we've experienced over t ...

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.