Tax

Those who are receiving Social Security retirement benefits will receive two payments in the month of March, despite the fact that they only receive one payment on a monthly basis on average. Due to the fact that the following month,…

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…

The Internal Revenue Service projects that in the year 2023, taxpayers' tax refund will likely be lower than in recent years. This is possible for a number of reasons, including the fact that taxpayers did not get any more stimulus funds…

A state tax credit for Hoosiers would increase thanks to legislation that the Indiana House on Monday unanimously adopted. The law, HB 1290, does more than just raise Indiana earned income tax credit by a few hundred dollars in some…

California and Colorado, who got tax refunds the previous year are being urged by the IRS to postpone filing their taxes. The Internal Revenue Service is recommending millions of people in 22 states, including California and Colorado,…

The Indiana House unanimously passed legislation Monday to increase the state's earned income tax credit for Hoosiers. The measure, House Bill 1290, increases Indiana earned income tax credit (EITC) by more than a hundred dollars in some…

The federal government is facing a debt ceiling issue, although many local states have extra cash in the form of emergency funds, prompting 27 states to plan tax cuts. There have been two consecutive years of widespread budget surpluses,…

The Medicare agency says some COVID-19 testing and treatments will cost extra after the public health emergency expires. On May 11, the Biden administration would terminate the federal COVID-19 public health emergency declaration,…