The tax filing season typically kicks off in late January when the IRS begins accepting tax returns. While the exact date for ...

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Ensure a smooth tax filing process by knowing what documents you need. Our comprehensive guide covers essential tax documents ...

Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. IRS Forms 1099 for 2024 should arrive in January, reporting how much you were ...

Others, most often non-filers, may not even realize they qualify for benefits—assuming if they don’t owe taxes, and don’t have to file, there is nothing more to be done. The IRS report sheds ...

Tax season officially begins today, as the IRS starts accepting individual tax returns for tax year 2023. Three-quarters (75%) of filers expect a refund, according to a new survey from Intuit ...

However, you will still owe any ... the gift tax allows an annual exemption. This is an amount of money or value that you can give away without needing to report the gift to the IRS at all.

This month, the county celebrated the successful completion of a multi-year commitment by Eagle Specialty Materials to pay more than $16 million in delinquent taxes that had been owed by Blackjewel.

Will you owe capital ... Your exact tax liability could vary drastically, so knowing what goes into this calculation and how to do it yourself is important. The IRS taxes a home sale as gains ...

While many Americans received a tax refund, the percentage who will owe the IRS has been steadily rising, according to consumer analytics platform Civic Science, edging up from 39% in 2021 to 43% ...

The primary goal of tax planning is reducing the amount of tax owed by utilizing deductions and credits effectively. Increase in Savings and Investments: By decreasing tax burdens, individuals can ...