The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...
The Earned Income Tax Credit (EITC) marks its 50th anniversary this 2025, yet many eligible Americans still miss out on this valuable benefit. Discover how you can claim your share and boost your tax ...
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...
The IRS has announced a one-time financial support of $1,700 for eligible families through the Child Tax Credit (CTC). This ...
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...
In a bid to safeguard taxpayers and tax professionals, the IRS and CASST have announced significant changes for the 2025 tax ...
Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...
In a decisive move to enhance financial transparency and enforce stricter compliance, the Internal Revenue Service (IRS) has ...
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...
As tax season kicks off, it's crucial to explore all available credits that can enhance your refund. The Earned Income Tax ...