Many don't know they can claim valuable tax credit worth up to $7,830 for some families
The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...
What First-Time Filers (And Some Repeat Filers) Need To Know About Taxes
First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...
Taxpayers in 25 states eligible for new IRS program this year. You might be one
NEW YORK — Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also ...
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Are Tips Taxable Income? Everything to Know When Filing Your Return
Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...
First Time Filing Your Taxes? Don't Fret, Here's What You Need to Know
Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.
5 tips to find the best tax preparer for you
One great way to start your search for a tax preparer is to ask around. Word of mouth is a powerful tool and a great way to ...
1099-K tax rules: What to know if you get paid via Venmo or PayPal
The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or ...
New to filing taxes? Six questions to answer before you start your return
If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.