The child you claim for this credit, if you are their guardian, can be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister or a ...

The Internal Revenue Service started accepting income-tax returns on Jan. 27, opening the spigots of refund money shortly thereafter. But taxpayers who claimed the Earned Income Tax Credit or the ...

Under this provision, in effect through the 2025 tax year, the Internal Revenue Service allows family caregivers ... income tax withheld and does not claim any other credits or deductions. 5. The only ...

As Jean sat at her desk with her 2024 tax paperwork, she remembered the quote, “I believe we should all pay our taxes with a ...

The Credit for Other Dependents (ODC) is a non-refundable tax credit available to taxpayers for each of their qualifying ...

The Child Tax Credit (EITC) helps raise awareness among the millions of hard-working, low- to moderate-income Americans who ...

The IRS is asking for more upfront information from manufacturers that claim R&D credits. STORY HIGHLIGHTS Bonadio CPA warns manufacturers about new IRS disclosure requirements. New Form 6765 ...

The IRS urges taxpayers to beware of impersonators that will try to contact you and give misleading information about tax refunds, credits and payments or pressure you to surrender your personal ...

The start of a new year also means the start of a new tax season. If you want to minimize the filing cost this year, you're in the right place. Many programs and companies offer free filing services.

What are the IRS tax refund amounts 2025 based on filing status? The IRS tax refund amounts for 2025 depend on income, deductions, and credits. Many Americans receive refunds due to tax withholding ...

A significant tax overhaul in 2017 bulked up standard deduction amounts, and in recent years, the IRS has made them even ... can claim the earned income tax credit or any other “refundable ...