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IRS
Maximizing your tax refund: Smart alternatives to immediate spending
On April 7, the IRS estimated the average 2022 tax refund at $2,878. Down from $3,175 in 2021. Many filers are thinking about this tax season, which ends today, April 18.
How To Spend Tax Refund Money?
Obviously, an IRS refund is merely a…
Tax considerations for cottage owners: 4 key factors to keep in mind before filing
Cottage owners have more Tax obligations. To avoid penalties, file your taxes by April 30, 2023, even though more than 155,000 Canada Revenue Agency and Treasury Board employees voted to strike late on April 18.
Are there any special…
IRS urges taxpayers to act fast: Claim your share of $1.5 billion in unclaimed Tax refunds
Millions of taxpayers haven't filed their 2019 tax returns, leaving the IRS with $1.5 billion in unclaimed Tax refunds. In other words, you may be owed money.
Because the 2019 tax returns were due in 2020, during the COVID-19 pandemic,…
President Biden and First Lady release tax returns, revealing adjusted gross income of $579,514
The Bidens' 2022 federal income tax returns showed a $579,514 federal adjusted gross income, according to the White House.
The president and first lady filed a joint tax return and paid federal, Delaware, and Virginia income taxes…
Social Security at 70: Theoretical benefits vs practical challenges
Despite their best efforts, many people find it difficult to save enough money for retirement on Social Security.
At full retirement age (FRA), you are now entitled to your full monthly Social Security benefit based on your earnings…
Tax refunds: Who is eligible for the IRS $900 payment and how to claim it?
The IRS announced that nearly 1.5 million Americans have unclaimed tax refunds for the 2019 tax year. Here are the recipients and the deadline for claiming it.
Looking for some excess change by rummaging through the sofa? You may be able…
How to claim the $7,500 IRS tax credit for purchasing an EV?
As an incentive to encourage the use of more energy-efficient automobiles and reduce dependency on fossil fuels, the IRS provides a tax credit for purchasing an electric vehicle. Electric vehicles have no emissions, which aids in the…
IRS: Your solution for tax relief and money problems
You may have contemplated hiring a debt relief or tax resolution company if you owe the IRS money due to unpaid taxes.
These organizations assist taxpayers with tax debt-related issues. While the industry as a whole has a negative…