IRS

In 25 days, Social Security recipients of Supplemental Security Income will get the second of their two March payouts. The second payment, which will replace the April 1 payment, will be delivered on March 31 to the same recipients who…

When filing your return, one of the most pleasant perks you might find is a tax credit. A tax credit lowers your overall tax obligation as opposed to a deduction, which lowers the amount of income that will be subject to taxation.  As a…

The IRS has a warning for taxpayers who are counting on a tax refund this tax season: You should file a thorough and accurate return to prevent delays. Although this filing season has gone more smoothly than in years past, it is still…

According to a statement on the IRS website, you should not submit a second tax refund or contact the agency if you have not yet received your tax refund via direct deposit or paper check. Use one of the two tools offered on the IRS…

The world is beginning to return to normal three years after the COVID-19 pandemic and you may expect tax changes this year. Millions of Americans are filing their 2022 federal income tax returns with a variety of expiring pandemic…

Residents of Colorado just need to wait for a little over a week to submit an application for a tax rebate that could net them at least $1,000. The Property Tax, Rent, and Heat Refund will provide older individuals and people with…

Bipartisan legislation that would allow Americans to raise the amount of money they can deduct from their federal taxes for charitable donations is supported by more than 25,000 organizations. The Charitable Act would enable taxpayers to…

Almost 50 million Individuals received stimulus checks or state tax refunds in 2022, and the IRS has determined which of these amounts is due to federal income tax. Those who got special tax rebates or incentives from their state…