It's estimated that one in five qualifying tax filers who qualify for the tax credit, which could be worth thousands, won't apply.
New IRS rules under the One Big Beautiful Bill Act are reshaping how homeowners and businesses qualify for clean energy tax ...
Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know heading into tax season.
Grants are to be awarded for the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs, which provide no-cost federal tax preparation nationwide. The agency ...
Common forms of tax relief include tax credits, deductions, penalty relief, and payment plans. Eligibility for tax relief often depends on factors like your income, filing status, and financial ...
The Internal Revenue Service (IRS) is asking Americans to carefully check their tax returns this filing season, the agency said. The IRS warned that rushing through tax filing can lead to penalties, ...
The Internal Revenue Service (IRS) has urged taxpayers to use online tools and follow specific steps to claim new and expanded benefits created by the One, Big, Beautiful Bill (OBBB) during the 2026 ...
National Taxpayer Advocate Erin M. Collins detailed potential trouble spots for 2026 tax filing season in her 2025 Annual Report to Congress. Millions of taxpayers will be hit by a big change as the ...
For a typical tax return - submitted electronically and using direct deposit – filers can expect a refund within 21 days, barring any other issues. But a select group of filers must wait until March ...
(NEXSTAR) – Tax season is in full swing, and with the chance at “very large” refunds, you may feel inclined to file as quickly as possible. A small mistake, however, may slow down how quickly that ...
These changes, which take effect this year, are designed to provide tax relief across a broad range of categories, from working Americans and seniors to business investment and family support. Notices ...
Overlooked and unexpected tax breaks are one of the perks of getting older. Tax deductions and credits aimed specifically at seniors can reduce how much you owe to the government, helping you stretch ...