Taxpayers preparing their federal returns for 2021 will be able to reduce what they owe by taking advantage of some significant credits, deductions and other tax breaks. Here are some of the most ...

Tax Day is right around the corner, so if you haven't filed your return to the IRS yet, it's time to sort out your paperwork. Here's everything you need to know about forms, deadlines and the hefty ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Changes to tax laws each year will keep you on your toes. With the pandemic, ...

WASHINGTON - Many parents across the U.S. received monthly payments in 2021 as part of the expanded Child Tax Credit program, and with tax season coming up, there is some important information to know ...

Soaring inflation. The war in Ukraine. Yet another rise in Covid cases. With so much going on this year it’s been hard to focus on things like filing your taxes. Nevertheless, the IRS still expects ...

Doing taxes is nobody's idea of a good time, but according to NBC senior business correspondent Stephanie Ruhle, there's no time like the present to prepare and file those documents. Ruhle shared her ...

The IRS doesn’t usually have to make a case for people to grab their tax refund. Soon after filing season opens, millions of taxpayers file their returns to collect their annual windfall. As of March ...

What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...

There’s still time to claim the enhanced child tax credit as well as other federal tax breaks, which could be worth hundreds – if not thousands – of dollars. But you have to submit your 2021 tax ...

Cryptocurrency owners, beware: The IRS is trying to strip away excuses for millions of people who aren’t complying with the tax rules on them, either inadvertently or on purpose. The agency has put a ...

Forbes contributors publish independent expert analyses and insights. Peter J Reilly is a Forbes contributor who covers taxes. Dec 11, 2021, 04:39pm EST Apr 21, 2022, 08:18am EDT This article is more ...