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 ...

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

The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, ...

The post Your Recent Mortgage Statement Holds the Secret to a Big Tax Bonus This Year appeared first on Real Estate News & ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

That's when the IRS officially started accepting tax returns. Many Americans are already counting on refunds. A recent survey conducted by Qualtrics for Intuit Credit Karma found that more than a ...

But there are plenty of reasons why many refunds won't arrive as soon as some might expect, including if you claim the earned income tax credit. No doubt, the IRS will see its own disruptions this ...

It guides taxpayers through a series of questions to prepare their federal tax return step-by-step. Direct File is open now to eligible taxpayers in 25 states to file their taxes directly with the IRS ...