You've clocked out of work for the last time, and you're ready to kick off your retirement in style. Umbrella drinks, catching up on your hobbies, and … what's that? Hold on, there's someone at the ...
The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change ...
The limit on annual contributions to an IRA is increased to $7,500 from $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 ...
The agency mailed more than 340,000 paper returns in fiscal year 2025. The move stems from an executive order Gov. Brad ...
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
Since 2022, the IRS has witnessed a concerning surge in refund claims. The most recent of these stems from deceptive social media posts and individuals pretending to be tax experts, luring ...
The IRS is asking the public to weigh in on tax preparation and filing options as it officially closes the door on Direct File, the free electronic filing tool that earned sky-high consumer experience ...
Another tax season is in the books for most of us. There have been almost 68 million refunds issued, for a total of $211 billion dollars. The average refund so far this season is $3,116, about $100 ...
Here’s what to know about filing your taxes in Kentucky this year under the extended deadline. Jeffrey Hamilton Getty Images The Internal Revenue Service announced Feb. 24 residents and businesses ...
For last-minute filers looking for free filing resources, IRS Direct File and IRS Free File remain options for qualified taxpayers. Direct File is a web-based service that allows taxpayers to file ...
The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...
The Internal Revenue Service is warning more than 1 million taxpayers to file their 2021 tax returns by April 15 or risk losing more than $1 billion in unclaimed refunds. There is no penalty for ...