Your adjusted gross income (AGI) is an important number come tax time, especially if you're planning to e-file. Not only does it impact the tax breaks you’re eligible for—your AGI is now also a kind of identification.
Now taxpayers can with the new "Your Federal Taxpayer Receipt" tool that The White House launched on April 15, 2011. Simply enter a few details about your taxes and you'll get a "receipt" that shows you how many of your tax dollars have been paid into various programs and s...
What I’m doing:It’s past midnight on the East Coast and soI’m making a last-minute judgment call to include my 1099 contractors in my payroll calculations. I’m submitting my applications (here’s the new final form) with that data included. I’ll report back with what the bank say...
If you filed an amended return, it may take 10-12 weeks for the IRS to process it. The IRS does not track amended returns on their "Where's My Refund?" tool, but you can check the status using the IRS amendment status tool. If it has been more than 16 weeks without receiving your...
As a part of the Coronavirus Response and Relief Supplemental Appropriations Act recently signed into law, the IRS announced that they have begun issuing a second round of stimulus payments to eligible tax filers. Here are answers to some of the top ques