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

Starting March 3, 2025, the IRS will begin issuing tax refunds for the Earned Income Tax Credit (EITC), a crucial financial aid for low to moderate-income workers and families.

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

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.

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

Billionaire Elon Musk posted on his social media site that he had “deleted” 18F, an agency that worked on the IRS’ Direct ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki ...

Loco Motor Disability: "Loco motor disability" means disability of the bones, joints muscles leading to substantial restriction of the movement of the limbs or any form of cerebral palsy. Mental ...

Roughly 70% of taxpayers qualify for IRS Free File, but only a fraction of eligible filers use the software. For the 2025 season, you can use IRS Free File if your adjusted gross income, or AGI ...

This year, the federal government promises a new era of easy, inexpensive tax preparation with free filing options from the Internal Revenue Service (IRS). While the ability to use online forms to ...

If you have been active in the crypto space, knowing what tax forms to expect and how to handle them is crucial. Here is a breakdown of what you should look out for from crypto platforms.