Anyone who needs to pay their federal tax bill has several ways to send a payment to IRS quickly and securely. Knowing the options...
September 29, 2022
Tax professionals are big targets of skilled cybercriminals scamming to get access to sensitive client information. Sometimes, no matter how careful and prepared a...
Teachers go above and beyond for their students, often buying classroom supplies needed to make learning successful. The educator expense deduction allows eligible teachers...
July 25, 2022
The Achieving a Better Life Experience (ABLE) Act of 2014 allows states to create tax-advantaged savings programs for eligible people with disabilities (designated beneficiaries)....
People with disabilities can use anAchieving a Better Life Experience or ABLE accountto help pay qualified disability-related expenses. This tax-advantaged savings account doesn’t affect...
Taxpayers who missed the April tax deadline can still file electronically using Free File or other free options. They can also limit late-payment penalties...
As the old saying goes: When something sounds too good to be true, it probably is. Taxpayers with outstanding tax bills might be tempted...
When people go through a legal separation or divorce, the change in their relationship status also affects their tax situation. The IRS considers a...
By law, everyone must pay tax as they earn income. Generally taxpayers must pay at least 90 percent of their taxes throughout the year...
April 12, 2022
The IRS issues most refunds in fewer than 21 days for taxpayers who file electronically and choose direct deposit. However, some returns have errors...