4. IRS Website The IRS website is filled with information about tax filing, credits, deductions, tax forms and instructions. It also features a tool you can use to check on your refund and get other information to help you file your return. The Interactive Tax Assistant makes it easy to...
Are You Getting a $1,400 IRS Check? Paying down debt, starting or supplementing an emergency fund and using a little for fun are great ways to manage the government stimulus check. Erica SandbergJan. 15, 2025 Financial Hurdles for 20-Somethings It isn't your imagination. You probably have...
Qualifying employment is any employment with a federal, state, or local government agency, entity, or organization or a not-for-profit organization that has been designated as tax-exempt by the Internal Revenue Service (IRS) under Section 501(c)(3) of the Internal Revenue Code (IRC). The t...
With tax day approaching, you don't want to be scrambling to find a tax specialist a week before April 15. It's best to book your appointment early and have your taxes done sooner rather than later — or even worse, late when the IRS will charge you penalties. That said, your tax ...
If your debt isn’t too large, standard debt-payoff strategies may be available. For example, depending on your credit score, you may be able to get a 0% balance transfer credit card. That means moving your debt from a higher-interest credit card to a card with a 0% introductory annu...
While a refund may feel like a significant amount of new money hitting your bank account,it's actually been your money all along. If you directed your employer to withhold too much from your paycheck each month, the IRS merely returns the amount you overpaid. ...
Partial payment installment agreementForm 9465, plus aCollection Information Statement Offer in CompromiseForm 656 booklet Currently not collectible statusMust call IRS at 800-829-1040 BankruptcyMust file a petition through the court system or seek an attorney’s assistance ...
For more information, check out IRS Publication 501, "Dependents, Standard Deductions, and Filing Information." Educational Savings Accounts For Minors Another option for parents is to open an educational savings account. This can alleviate the burden of student loans while offering many tax advantages...
payoff with zero-coupon bonds, which is when the bond matures. On the flip side, zero-coupon bonds are very sensitive to changes in interest rates and lose value as they rise. This is a risk factor to be considered by an investor who doesn't intend to hold a zero-coupon bond to ...
Options trading has unique tax considerations. The Internal Revenue Services (IRS) treats options transactions differently depending on the strategy and outcome. Experts recommend consulting a tax professional to understand the implications for your situation.5 ...