For gig economy workers, the filing process may seem daunting, or bring up lots of questions. To help ease some of that confusion, theInternal Revenue Service (IRS)is sharing tips to help make tax season easier for all consumers, regardless of their filing status. Getting prepared is imp...
The IRS has 45 days to pay a tax refund before interest payments to you kick in. However, if the IRS doesn’t pay up within 45 days, it generally starts calculating interest on your overpayment from one of the following dates (whichever one is the latest): deadline ...
The IRS offers certain kinds of tax relief aimed at people who are or have become disabled. Get IRS tax relief for the disabled with help from TurboTax in this video on tax tips.
IRS tax tips for taxpayers with disabilitiesRebecca Tonn
Most tax preparers are honest, competent, and determined to get the best possible deal for their clients. But if you're unlucky enough to hire a tax.
LiveNOW from FOX's Andrew Craft spoke with Marketwatch's Andrew Keshner for tips if you're filing last minute.The IRS warned on Tuesday that thousands of taxpayers could face criminal prosecution if they filed false tax returns for high refunds....
Latest Business Mileage Rates, Tax Tips, and Everything You Need to Know About IRS Mileage Rates The IRS mileage rate, sometimes referred to as the federal mileage rate or mileage reimbursement rate, is one of the most important tax deductions for anyone who drives for work, whether you’re...
At the end of 2023, theIRS announcedthe mileage rate for the mileage tax deduction. As of 2024, the mileage rate is now 67 cents per mile. This is an increase of 1.5 cents. Individuals who are reporting this deduction will have to factor this change into their calculations come tax time...
Here are some tips to start your tax filing season: Start working on your taxes early. Put together a file with your W-2, 1099s, wages, income, and deductions and any other receipts needed. Review any major changes in your life such as children, casualty losses, medical expenses, moving...
Tax tips for retirement Saving for retirement? TurboTax can help with your 401(k), IRA, stock options, Social Security, pensions, annuities and more. By TurboTax Jan 17, 2025 8:07 AM EST IRS extends deadlines for taxpayers impacted by L.A. wildfires ...