Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

If you're earning income through platforms like PayPal, Venmo, or Cash App, it's crucial to understand the new tax reporting ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

And I expect that occasionally you've encountered clients who made a change at one point but then reverted back to a previous tax status to get the most advantageous tax outcomes for their current ...

Although 2024 tax returns aren’t due until April 15, the IRS began accepting them last month. That means the 2025 tax season ...

These days, there are a number of free options for filing your tax return, and many of them offer guided support to help you ...

The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...