IRS says $1.025 billion in tax refunds remain unclaimed for 2021 taxes
April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...
$1,400 Stimulus Check: What People With Tax Extensions Need to Do to Claim
More than a million Americans are estimated to still be eligible for the stimulus checks issued by the U.S. government in ...
Tax Prep Checklist: Collect These Forms Before You File
What Tax Forms Do I Need to File Taxes? The forms you need to file taxes depend on your financial activities throughout the year. Below are some of the common tax forms organizati ...
Top 6 errors to avoid when filing Tax Form 1040
Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...
What Is a 1040 Tax Form and How Does It Work?
The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or understanding. In fact, back in 2018, Form 1040 received ...
It's not too late to claim a $1,400 stimulus check from the IRS
CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...
Use Venmo, PayPal? Why you're being sent a 1099-K this tax season
If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...
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Visalia IRS office lease terminated in Elon Musk's DOGE spending cuts
The Department of Government Efficiency (DOGE) ended the lease of an IRS office in Visalia. President Trump tasked Elon Musk with cutting government spending through DOGE. DOGE has terminated ...
CBDT’s nudge leads to disclosure of over ₹29,000 crore of foreign assets
India has been receiving details of assets and income parked abroad by Indians under different information-sharing frameworks ...
CBDT campaign leads to disclosure of over Rs 29,000 crore foreign assets
As a result of this campaign, 6,734 taxpayers also revised their residential status from resident to non-resident ...
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How Do I Get Proof of Health Insurance For Taxes?
An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...
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IRS drafting plans to cut as much as half of its 90,000-person workforce, AP sources say
WASHINGTON (AP) — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.