Tax

According to the Internal Revenue Service, more than a million Americans would not receive their fair share of the anticipated $1.5 billion in unclaimed tax refunds.  This sum includes the approximately 52,000 Ohio taxpayers who owe more…

Are you aware that there is $1.5 billion worth of tax refunds that have not been claimed in the United States? Numerous people failed to file their 2019 tax forms, missing out on the chance to get sizable refunds.  Fortunately, the…

While some states continue to provide financial assistance in the form of one-time payments, tax rebates, tax credits, wealth-sharing funds, and state income tax reductions, the federal stimulus checks that were provided to American…

In Polselli v. Internal Revenue Service, the nation's highest court last month unanimously sided with the IRS, reaffirming the tax authority's right to request documents or financial data from parties connected to a delinquent taxpayer…

The program known as Supplemental Security Income, or SSI for short, is run by Social Security. People who meet certain requirements and have limited resources and income are given monthly benefits. Medicaid Eligibility for SSI And…

In the US, an employer-sponsored benefit called a Flexible Spending Account (FSA) enables employees to set aside a percentage of their pre-tax income for qualifying expenses.  It comes in two primary categories: medical and dependent…

An income tax refund refers to the monetary reimbursement provided by the government in cases where an individual has paid an excess amount of taxes compared to their actual liability.  In order to be eligible for a refund, a person must…

Republicans in the US House of Representatives introduced a number of new tax breaks on Friday, while simultaneously proposing to repeal some of President Joe Biden's legislative triumphs, such as incentives to encourage the purchase of…