If your income was $79,000 or less this year, select tax software companies will file your return for free. People who miss the tax filing deadline will likely face a hefty penalty, so make sure you've got April 15 on your calendar now and start working on your t...
"Tax Treaty Law: IRS Procedural Gaps — No Late Filing if NRAs File Invalid Returns,” Tax Notes Shareholder Patrick W. Martin and Associate Luz Villegas-Bañuelos Published in Tax Notes November 4, 2024 "Recent Supreme Court Decisions May Affect Tax Practice," The Legal Intelligencer Special ...
Whether anyone is filing with you (called a “co-debtor”) Your current living expenses Before the bankruptcy court will agree to discharge your debts, you must complete another federal requirement known as “debtor education.” Similar to credit counseling, debtor education must be provided by a...
The previous Child Tax Credit delivered some relief to parents and guardians. It reduced one's taxes by up to $2,000 per child per year. But the only way to claim it was by filing taxes. Any additional refund above a filer's tax burden was lost, unless they qualified for the Addition...
filing a tax return or have been dishonest on a tax return that has been filed with the IRS that the federal government does not discriminate in who they choose to prosecute for federal tax crimes. Not only celebrities and political figures find themselves facing a federal prison sentence for ...