Moving abroad is a major life decision, and it’s essential to be prepared for the tax implications. By understanding your tax obligations and seeking professional guidance, you can be better prepared ...

As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan legislation to eliminate the age cap on eligibility for ...

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en ...

Fail to file within the three-year window? Your refund becomes the property of the U.S. Treasury and you're most likely not ...

Today is the deadline for filing your income tax returns, and while we all look forward to getting a refund, each year millions of Americans miss out on money they’re owed, often unaware that the IRS ...

Before you pack away your 2024 tax return, use it to plan for next year's tax season. Taking time to plan now can save money ...

"There's no penalty for filing late when you're owed a refund," the IRS said. However, refunds must be claimed within three years of the original filing deadline—otherwise, the money becomes the ...

And, depending on your income, you may qualify for the retirement saver’s tax credit, which can reduce your tax liability by up to $1,000 per person. “The saver’s credit is something you can ...

You can benefit, under conditions, from a tax credit for work done and invoiced ... or have a disability rate of at least 50%. 2/ Income Your income is at an intermediate level.

Simple Form 1040 returns only (no schedules except for the earned income tax credit, child tax credit ... the corresponding range in the tax bracket chart for your filing status to see the rate ...

“The child tax credit is virtually essential to making America the kind of place we’ve always wanted it to be,” Senate Minority Leader Chuck Schumer said. Those lawmakers are also pushing to expand ...

WASHINGTON - The Earned Income Tax Credit (EITC) has played a crucial role in helping millions of low-to-moderate income workers out of poverty. Saturday, March 29, 2025, marked the 50th ...