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59. Taxpayers should file their tax returns on time to avoid costly interest and penalty fees
Taxpayers should file their tax returns by the deadline even if they cannot pay their full tax bill. Taxpayers who owe taxes and don't...
Apr 1, 20222 min read
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55. It’s Time to Finalize your Taxes!
It is now mid-January and you should be receiving all of your tax forms shortly or you may already have them. If you have everything you...
Feb 21, 20221 min read
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53. Low-Income Taxpayer
Low-incomers needn't pay back credit overpayments. But others will have to. Families with 2021 modified adjusted gross incomes at or...
Feb 19, 20221 min read
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52. Protection PIN for Individuals
IRS wants more individual taxpayers to get identity-protection PINS as extra protection from tax identity theft. The IP PIN is a...
Feb 18, 20221 min read
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51. Child Tax Credit
The monthly child credit payments aren't taxable. On your 2021 Form 1040, which you file next year, you'll reconcile the payments you got...
Feb 17, 20221 min read
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36. Tax Season Overview
Let's take a look at the 2021 filing season. Millions of individuals still await refunds from timely filed 2020 tax returns. As of Sept....
Jan 26, 20221 min read
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