tax season

In a press release, the Federal Revenue Service (IRS) reminds individuals to file their tax returns and make any owing payments by the April 18 deadline. If you don't, there could be late filing and late payment fees. But, if taxpayers…

Tax season is a time of tension and worry as they rush to deliver their documentation to their accountant before the tax deadline of April 18, 2023. Some people have already submitted their tax refunds because they are exceptionally…

Before the 2023 tax season begins, it is absolutely essential to have a solid understanding of the tax calculation process used by the IRS. Despite the fact that millions of Americans have yet to submit their federal income tax return…

The tax season this year runs from January 23 through April 18 and the IRS started taking tax refund on that date. The latest IRS statistics show that millions of taxpayers are following the advice to file their forms as soon as possible…

The Internal Revenue Service (IRS) uses tax brackets to make sure that people who earn more money pay more in taxes. Each tax bracket has a rate that is applied to taxable income that falls within a certain range. In the US, your tax…

The government of Denver provides financial aid through tax refund to owners of electric bicycles and electric cargo bikes so they can purchase new ones. They offer $300 for a basic electric bike and $500 for an electric cargo bike. If…

The Internal Revenue Service advises deferring tax filing if a person received a special refund or payment from their state last year. Unfortunately for millions of taxpayers, the IRS has taken the rare step of requesting some…

Taxpayers have until January 31 to file Form W-2 with the IRS and give employees copies to receive their tax refund. They're probably on their way if you haven't received them yet. Even though preparing your taxes in February can feel…