There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

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

The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...

The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...

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

You should verify the company that you work with to reduce IRS debt because Offers in Compromise are difficult to achieve.

Citizens who let tax preparers to list the preparers’ bank account and get their tax refunds lost their stimulus funds to the ...

If you haven't already submitted your documents to the IRS and the Kentucky Department of Revenue, here's what you need to know.

IRS rules state that all tax documents must be made available ... forgiven should watch out for Form 1099-C. This form acknowledges that the government or a financial entity canceled or forgave ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...