Additionally, the IRS will send letters to inform recipients about their payments and how the amounts were calculated. The ...

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming ...

The rate for married couples filing jointly will increase from $27,700 this year to $28,500 in 2025. The federal child tax credit base remains at $2,000 per qualifying child (More on that below).

Closing the tax gap requires a tech-first approach, with human intervention focused on the most complex cases.

If President-electDonald Trump is able to appoint billionaire Elon Musk and former Republican presidential candidate Vivek ...

This change, effective in 2025, is expected to simplify the filing process for millions of Americans who claim credits such ...

Organizations like Truthout are also being threatened by legislation like HR 9495, the “nonprofit killer bill” that would ...

Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated December 2024 cash distributions and annual notional capital gains distributions for its ETF Series securities. The record ...

The IRS Direct File program, which lets you prepare and file your federal return for free, is expanding to 24 states for the ...

Source: The College Investor Are you searching for the best tax software for early filers? If you know you’re getting a tax ...

The IRS said in a release issued on December 19: "There are a number of things taxpayers can do to get ready as the end of ...