As tax season approaches, many taxpayers are concerned about the potential for an IRS audit. Certain income and deduction ...
On January 30, 2025, the Internal Revenue Service (IRS) published six top tips to make filing a 2024 tax return easier. The IRS explained these tips are also available on IRS.gov on the “Let us Help ...
As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...
The federal government readjusts tax brackets and the annual standard deduction each year to keep up with inflation. One ...
Plus: A slow start to the tax filing season, movement on the budget, refusing to file, rescheduling cannabis, tax filing deadlines, industry updates, trivia, and more.
IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained ...
Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on ...
Well, it’s time to recognize that “Day of Infamy” that comes up on every consumer’s yearly calendar, and I am not talking ...
Filing taxes can be a struggle. 2 News Oklahoma's Cathy Tatom listens to those who need help and shares where many can go for ...
Tax expert Turon Kendrick shares essential advice, emphasizing the importance of early but complete filing, ensuring all tax ...
The Inflation Reduction Act of 2022 reconfigured two nonrefundable tax credits for home improvements that save energy. Unlike ...
If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here’s an easy way to do it.