Taxpayers With Missed IRS Form 3520 Filings Face Tough Decisions
If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign gift or inheritance received).
More Americans will be able to file their tax return directly online with the IRS this year
Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about half the country.
Tax season is here. How to avoid scams and how the IRS is making filing easier
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face problems from scammers.
IRS Forms 1099 Are Key To Your Tax Filing, Here’s What To Know
IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices to collect additional taxes with ease.
IRS Tax Filing Season Opens: What You Need To Know
Taxpayers will have until April 15 in most states to file and pay their federal tax returns as the IRS is accepting returns from now.
Tax Season Has Begun. Here's When You'll Get Your Refund
When will I receive my refund? If you file your tax return electronically, the IRS says it should take 21 days or less to receive your refund. If you choose to receive your refund with direct deposit,
When should I expect my IRS tax refund? Here's how long it should take and how to track it
Tax season began Monday. That's when the IRS officially started accepting tax returns. Many Americans are already counting on refunds. A recent survey conducted by Qualtrics for Intuit Credit Karma found that more than a third of taxpayers rely on their tax refunds to make ends meet.
Tax Filing: Two Details That Could Speed Up Delivery of IRS Refunds
Taxes can begin being filed on January 27, but refunds could hit accounts at different times depending on choices made when filing.
How to Track Your 2024 Federal Tax Refund
It's officially tax season. After filing your 2024 federal tax return—ideally for free—you're probably eager to get some money back. The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the Tuesday,
Your tax return could be 'flagged for audit' without these key forms, experts say
The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.
1099-K tax form new to you this year? What it means when filing for 2024
Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...
When Does the IRS Start Accepting Tax Returns? Find Out
Tax season has arrived, and everyone will be scrambling to get their returns. As taxpayers compile all of their W-2 forms, ...
Your Tax Filing Could Be Free if Musk’s DOGE Commission Gets Its Way
The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.