Taxes December 18, 2025
The confirmation follows Monday’s posting of a draft IRS Form W-2G, reflecting changes mandated by the OBBBA, which amended federal information-reporting requirements for certain payments, including casino gambling winnings.
March 2, 2017
The IRS says that more than $1 billion in federal income tax refunds from 2013 has gone unclaimed so far, and will be lost to the nearly 1 million taxpayers who failed to claim them. Taxpayers have three years to file for an income tax refund, after which
February 25, 2017
It’s tax time and many Americans are waiting on their income tax refunds. But some taxpayers are still waiting to file because of lost or missing W-2 forms. If you are asking either of these questions, the IRS has answers: What if I lost my W-2 form? What if my work never sent me a...…
February 24, 2017
On the income tax reform agenda: Tax rate cuts, fewer brackets, repeal of AMT, cap on itemized deductions, elimination of personal exemptions, Sec 179 changes, 15% corporate income tax rate, repatriation tax, repeal of estate tax.
February 18, 2017
In an effort to fight fraud, the IRS delayed all returns with either of those credits this year. But the good news is, the IRS says it has started processing them and they should start being direct deposited the week of ...
February 17, 2017
Even tax professionals know how confusing taxes can be. For individual taxpayers, it can be like performing a root canal without any dental experience. For those with tax obligations in multiples states, or with more complex incomes and investments ...
February 17, 2017
Many refunds that included the EITC or Child Tax Credit had been held since the filing season started in late January due to new requirements of the 2015 Protecting Americans from Tax Hikes (PATH) Act.
February 17, 2017
If your refund was delayed because of the Earned Income Tax Credit or the Child Tax Credit (EITC or CITC), the IRS says it has started processing them and they should start being direct deposited the week of ...
February 17, 2017
If you’re one of the millions of Americans who are asking, “Why haven’t I gotten my 2017 income tax refund yet?” we have the answer. It depends on a couple of things, but the good news is that there are several tools to help find out. First of all, taxpayers who use a professional, such...…
December 12, 2016
While other tax software makers have offered free federal tax filings since as early as 2003 for some individuals with lower income and generally non-complex situations, adding state income tax filing and even common tax credits or deductions could ...
November 22, 2016
The IRS will begin processing tax returns on January 24, 2017, for taxes paid/owed in 2016. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. For paper filers, this can take much longer, however.
November 16, 2016
Want to get your tax refund as fast as possible? Of course you do. So, before you get ready to file, make you have all the documents you will need, such as W-2s and 1099s. And take a few simple steps to avoid tax refund delays.
November 9, 2016
2017 IRS tax refund schedule. Where's your income tax refund? When will the IRS send you your tax refund either by mail or by direct deposit? We've got the answer.