The IRS has published a private letter ruling on Section 430 granting the taxpayer permission to continue using the existing Plan gender-specific substitute mortality tables for the post-merger Plan ...

IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

If you’re leasing your car, check out IRS Publication 463 for rules about the number of lease payments you can deduct [0] Federal: $29.99 to $69.99. Free version available for simple tax returns ...

A new study finds that 88% of cryptocurrency owners fail to properly declare their crypto on tax returns. The study may lead the IRS to more aggressively pursue these tax cheats, and financial ...

The tax return deadline of January 31 is fast approaching, and time is rapidly running out for those who haven’t filed yet. You might need to complete a tax return for a number of reasons ...

Tax season has officially begun, as the IRS is now accepting 2024 federal tax returns as of today, Monday, Jan. 27, 2025. Today also marks the first day taxpayers can use Direct File to submit ...

Your payday could get a bump this year now that the Internal Revenue Service's updated income tax brackets and higher standard deductions have taken effect. Depending on your income level ...