About 1 million people in the United States are due to receive the payment, the IRS said. Do you qualify? Checks could be up ...

Although the IRS has yet to make an official announcement, historical patterns suggest that tax filing will commence in the last week of January 2025.

The average Social Security benefit will reach $1,976 per month in January 2025. It could crack $2,000 per month for the ...

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

Certain taxpayers may be eligible for the Earned Income Tax Credit of up to $7,830. Find out if you qualify and what you need ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one. If you don’t report it, expect a notice.

Christmas Eve might be the very last day to buy your Christmas gifts, but you should still heed warnings from the IRS over ...

For 2024 taxes, the filing deadline is back to April 15. You can start preparing your tax returns as soon as you get your ...

A million tax filers will soon get a letter from the IRS indicating they have money coming to them because they were eligible ...

The 2021 American Rescue Plan temporarily increased the Child Tax Credit to: Additionally, it made the credit fully ...

The final days of the year are a fine time to consider financial tactics that could reduce your tax burden and boost your tax ...