People with disabilities can use an Achieving a Better Life Experience or ABLE account to 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…
The summer wedding season is fast approaching. Wedding planning is often overwhelming but figuring out how marriage will affect a couple’s tax situation doesn’t…
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…
The IRS issues most refunds in fewer than 21 days for taxpayers who file electronically and choose direct deposit. However, some returns have errors…
In 2021, the IRS issued more than 175 million third-round Economic Impact Payments, totaling over $400 billion. Most eligible people already received the full…
When a thief steals someone’s Social Security number, they can use it to file a fraudulent tax return. This is tax-related identity theft. The…
There are lots of things in life that are just better to avoid. Unfortunately, your tax returns are not one of them. That’s why…
