So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...
The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...
State leaders are still scrambling to make sense of President Donald Trump’s flurry of executive orders, funding freezes, ...
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Tax Refund: Avoid Common IRS Delays
As tax season unfolds in the United States, ensuring a timely tax refund requires strategic preparation. By understanding ...
If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...
Most people pay their taxes year in and year out — a good 85% of them, according to the IRS. The agency has not released consistent reports on the amount of money not paid per year, or specifically ...