An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

As tax season kicks off, it's crucial to explore all available credits that can enhance your refund. The Earned Income Tax ...

The IRS offers a significant tax credit for low to moderate-income workers, potentially providing up to $8,000. This credit, ...

But some eligible people miss out on those credits. Direct File — the IRS’ new online tool for filing tax returns — may be the key to getting eligible filers to claim the EITC and CTC.

A New York educational organization says it is owed over $757,000 in unpaid employee retention credits from a program that incentivized ... in 2023 and tried without success to hear back from the IRS ...

Nearly 1 in 5 eligible taxpayers miss the earned income tax credit, or EITC, which averaged $2,743 in 2023, according to the IRS. For 2024, the EITC is worth up to $7,830 for eligible families with ...

WASHINGTON D.C., Ky. (WBKO) - The Internal Revenue Service celebrates the launch of the Earned Income Tax Credit Awareness Day campaign today. The campaign helps increase awareness among the ...

Taxpayers can track their refund status by using the "Where's My Refund?" tool on IRS.gov or the IRS2Go app. The IRS expects more than 140 million individual tax returns to be filed ahead of the ...