In November, 2016, Mr. Bruyea filed an amended U.S. tax return (U.S. form 1040-X) seeking a refund of US $263,523 on the ...

Learn about FICA taxes, including Social Security and Medicare, and how they impact your paycheck. Understand the current ...

Final regulations on clean energy partnership credits, raised 401(k) limits and more from the Internal Revenue Service in ...

On its official website, the IRS has outlined the deadlines for claiming tax refunds, noting that no payments will be issued ...

As 2024 draws to a close, taxpayers still have time to take advantage of valuable tax credits and deductions.

With the 2025 tax season launching in January, many are reviewing their 2024 tax brackets as the year comes to a close.

The IRS released numbers for tax year 2024 back in November 2023 .

Republican lawmakers are looking to roll back a program to make the Internal Revenue Service more user friendly as a ploy to ...

In 2024, tax season started on Jan. 29 (with a Jan. 8 announcement). In 2023, tax season started Jan. 23 (with a Jan. 12 ...

House Republicans know that the worse the experience of filing your taxes is, the more likely Americans will back tax cuts ...

Kids under 17 can get up to $2,000 in financial assistance through the child tax credit. For families, a refund of up to $1,600 per kid may be available if the credit exceeds the taxes due.

As you prepare to ring in the New Year, experts agree that it’s worth taking some time before Dec. 31 to reassess your ...