The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Withholding tax refers to the amount of income taxes your employer takes from your paycheck to pay your taxes throughout the ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

Check out our guidelines and submit a question here. We know that the IRS expects 140 million individual federal income tax returns to be filed by Tax Day, April 15, 2025 (an additional 20 million ...

A Billerica paving company owner has been sentenced to six months in prison after pleading guilty in federal court to a tax evasion scheme that allowed him to pocket over $1 million in ...

The 2025 tax season has officially opened, so cue the groans…OK, that’s enough — let’s get busy! The IRS expects more than ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

With tax season in full swing, H&R Block Deluxe + State helps you file accurately, maximize deductions, and get audit support — for just $40.

Dividends distributed to Non-U.S. Shareholders may have been withheld to pay U.S. federal income tax. Non-U.S. Shareholders should contact their tax advisor with any questions regarding this ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Simple errors could lead to costly mistakes on your federal tax return. For instance, while it seems like a no-brainer that you'd remember to sign your tax form or that your arithmetic would be ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...