You did it, you filed your taxes! It feels great, but what happens if you check the mail and receive an unexpected tax document later?
A common question that arises at this time of the year relates to the timing of making deductible contributions to a qualified plan.
Many are talking about claiming a 2021 recovery rebate credit. But do you qualify? And what do you need to do to claim it?
Claims shared online about "exciting news for pet owners" regarding potential tax deductions for animals were somewhat misleading in early 2025.
Making at least a partial payment by the deadline can help minimize interest charges and late payment penalties, the IRS said. Currently, the interest rate is 7 percent per year, compounded daily, ...
Best Wallet Hacks on MSN20h
Is your tax preparer ripping you off?
Taxes can be scary but it's nothing compared to how much it can cost to have an accountant prepare your taxes! See how much ...
There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help.
Specifically, IRS forms ask, “At any time during the tax year, did you: (a) receive (as a reward, award or payment for ...
What becomes of the broken-hearted; the earth moved; Kreative accounting; and other highlights of recent tax cases.
There's no form for this option, so you'll either have to call the IRS at 800-829-1040 or reach out to the Taxpayer Advocate Service, but make sure you do it quickly, before the IRS collects part of ...
An audit occurs when the IRS chooses to review a taxpayer’s accounts and financial information to ensure the taxpayer reported all required income and followed all tax laws. The IRS typically audits ...