National taxes

Business

IRS tells residents of 16 states they do not need to report ‘special payments’ on their federal return

[ad_1] The IRS on Friday issued federal tax guidance for millions of Americans who received state rebates or payments in…

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Personal Finance

Tax pros still in limbo after IRS tells millions who received state rebates to pause filings

[ad_1] Portra | DigitalVision | Getty Images Tax season is underway but millions of filers who received state tax rebates…

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Enterprenuers

Biden to revisit ‘billionaire minimum tax’ in State of the Union address

[ad_1] President Joe Biden delivers the State of the Union address on March 1, 2022. Win Mcnamee | Getty Images…

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Enterprenuers

When it makes sense to buy extra paper Series I bonds with your tax refund, according to experts

[ad_1] Jetcityimage | Istock | Getty Images If you’re trying to max out the yearly purchase limit for Series I…

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Personal Finance

Don’t risk a tax audit. Here are four reasons the IRS may flag your return

[ad_1] dmphoto | E+ | Getty Images Tax season is underway, and there’s been increased scrutiny of the IRS as…

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Personal Finance

IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds

[ad_1] Jeffrey Coolidge | Photodisc | Getty Images Black Americans are roughly three to five times more likely to face…

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Personal Finance

Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022

[ad_1] AsiaVision | E+ | Getty Images Most Americans can file their taxes for free — but many don’t seize…

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Personal Finance

Here’s who can claim the home office deduction on this year’s taxes

[ad_1] Morsa Images | Digitalvision | Getty Images If you worked from home in 2022, you may be wondering if…

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Personal Finance

How to figure out the best time to file your tax return: Don’t ‘race to the finish line,’ say tax pros

[ad_1] As tax season begins, you may be eager to file your tax return for a faster refund and to…

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Personal Finance

After a tough year for crypto, here’s how to handle losses on your tax return

[ad_1] A worsening macroeconomic climate and the collapse of industry giants like FTX and Terra have weighed on bitcoin’s price…

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