For the 2024 tax year (taxes generally filed in early 2025), the EITC is worth up to $4,213 if you have only one qualifying child. That figure increases to $6,960 for two kids and up to $7,830 for ...

The IRS starts accepting tax returns on January 27, 2025. Refunds for e-filed returns are typically issued within 10-21 days.

Many contributors to questions and articles about MTD for IT have pointed out the tensions between HMRC wanting volunteers to try MTD for IT and imposing ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...

Tax filing season kicked off on Monday as the U.S. Internal Revenue Service began accepting completed tax forms. Americans ...

The Internal Revenue Service starts tax season 2025 Monday with some changes and an expansion of the Direct File program. Why ...

The gloves are off in what looks like a lengthy legal battle over Standard Amusements' three-year stint managing Playland ...

The official start date of this year's tax filing season will be January 27, the IRS said. That is the first day the agency ...

Plus: President Trump signs executive orders before tax season, beneficial ownership information (BOI) reporting updates, ...

Despite the extended due date for filing belated Income Tax Returns and making revisions until January 15, 2025, several taxpayers missed out on their filings. Such individuals still have the option ...

The IRS is distributing $2.4 billion worth of stimulus checks to taxpayers who didn't claim the Recovery Rebate Credit on ...