Stay informed of important changes to tax laws that could affect you as you prepare to file your 2021 return. The tax year 2021 filing season is here and in the wake of the pandemic, there are ...

For information on the third coronavirus relief package, visit TurboTax's “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. TurboTax Live experts look out for you ...

The IRS doesn’t usually have to make a case for people to grab their tax refund. Soon after filing season opens, millions of taxpayers file their returns to collect their annual windfall. As of March ...

Congress has expanded the child tax credit twice since 2017, and these expansions have put needed dollars in the pockets of many parents. However, prepayments of the credits during 2021 will also ...

The IRS is taking "urgent" steps to address a record shortfall of $688 billion in taxes owed from 2021. The amount of tax money owed but not paid to the IRS is set to keep growing, according to ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation Now) — Nothing is certain except ...

When the Tax Cuts and Jobs Act was signed into law in 2017, proponents said it would make filing taxes easier for millions of Americans. It hasn’t worked out that way. While the tax overhaul nearly ...

Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s been hard to focus on things like filing your taxes. Nevertheless, the IRS still expects ...

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.