CHICAGO (WLS) -- With the stroke of a pen, a third round of federal stimulus money is on the way. Your stimulus money could arrive within days. But there are questions like, how will your 2020 tax ...
The IRS announced on Friday that taxpayers who may have had excess Sec. 36B premium tax credits to report for the 2020 tax year are not required to file Form 8962, Premium Tax Credit, or report an ...
The IRS has finished correcting millions of 2020 tax year returns—a process that resulted in the agency issuing 12 million tax refunds averaging $1,232 each, for a total of about $14.8 billion. The ...
The first two rounds of Economic Impact Payments (EIPs) were, according to the IRS, “advance payments of the 2020 Recovery Rebate Credit.” If you did not receive your stimulus payments, claim them now ...
Up to 96% of US households with children qualify for at least some of the 2021 child tax credit. But age and income requirements could make families completely ineligible. Katie covered all things how ...
NATIONWIDE — Tax season is always stressful, particularly for those without a dedicated accountant, the means to pay for professional assistance, or a very good idea how their taxes work in general.
Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed ...
The IRS may owe those who didn’t file their 2020 taxes hundreds — even thousands — of dollars, but the deadline to claim that money is fast approaching. Nearly 1 million taxpayers have yet to submit ...
Back in late June, the National Taxpayer Advocate released a midyear report revealing there were 35 million 2020 tax returns that still need review. Today, there’s still a backlog of millions of ...
The IRS announced earlier this month that the federal income tax filing due date for individuals is now May 17, 2021, postponed about month from its traditional April 15 due date. The federal tax ...
Information about the former president's taxes was released Tuesday by the House Ways and Means Committee Virginia Chamlee is a Politics Writer at PEOPLE. She has been working at PEOPLE for three ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (WJW) – The Internal Revenue Service is ...