Stay informed of important changes to tax laws that could affect you as you prepare to file your 2021 return. The tax year 2021 filing season is here and in the wake of the pandemic, there are ...
The Child Tax Credit is a near-universal benefit for families with children. Each year, it lifts millions of children out of poverty. Adding income to low- and middle-income families has been shown to ...
When the Tax Cuts and Jobs Act was signed into law in 2017, proponents said it would make filing taxes easier for millions of Americans. It hasn’t worked out that way. While the tax overhaul nearly ...
What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...
Tax filing season officially kicked off in the United States on Jan. 24, 2022. That’s when the Internal Revenue Service says it began accepting and processing 2021 tax year returns. Amid the first ...
(CNN) — Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s hard to focus on things like filing your taxes. Nevertheless, the IRS still expects ...
Why is it not April 15? The IRS says: "By law, Washington, D.C., holidays impact tax deadlines for everyone in the same way federal holidays do. The due date is April 18, instead of April 15, because ...
Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s been hard to focus on things like filing your taxes. Nevertheless, the IRS still expects ...