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The IRS has issued a request to taxpayers with extensions for their 2024 federal tax returns to file them in the summer months.
You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441.
Use the worksheet in the instructions for Form 2210 to figure your tax penalty, and include this amount in your payment, along with a copy of Form 2210.
The IRS provides a list of where to file Form 7004 on its website . What Happens After Filing? Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension.
Tax underpayment penalty applies if taxes aren't withheld properly from paychecks or estimated taxes are late. IRS Form 2210 helps taxpayers determine if they owe a penalty, often calculated ...
Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.
If you're as impatient as we are, you'll want to know how soon your tax refund check will hit your bank account. Here's how to do that in Kentucky.
New IRS Update Requires Form 1099-K For Payments Of $5K+ Received Through Cash App Or PayPal Freelancers making $5,000 from third-party payment apps will be required to report it on their taxes.
The Internal Revenue Service (IRS) recently released IRS Form 15620, Section 83(b) Election (Form 15620), an approved form for taxpayers to use to make a Section 83(b) election. A taxpayer is not ...
The IRS extended its transition relief for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024, $2,500 in 2025 before reaching the statutory level of $600 in 2026 and ...