The IRS advises taxpayers not to depend on receiving a refund by a specific date, particularly when making significant ...

If you fail to follow the correct procedure when claiming the Child Tax Credit, your tax return could be rejected or worse, ...

According to the Illinois Department of Revenue, the state is processing more tax returns now than it did at the same time ...

Many taxpayers are experiencing delays in receiving their IRS tax refunds in April 2025. Learn the reasons and how to check ...

While the typical tax deadline for most Americans has passed on April 15, 2025, the IRS has extended deadlines for ...

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...

Missing the April 15 tax deadline is common, but it's crucial to act quickly to minimize penalties. Learn how IRS fines and ...

The IRS can impose penalties reaching up to $100,000, making it essential to understand the importance of timely filing.

During the current tax season, millions eagerly await their refunds. However, certain circumstances can prolong the process, ...

Tax credits are a powerful way to save money on taxes. Each dollar of a tax credit is subtracted directly from the amount of tax you owe the IRS. And some tax credits are refundable, meaning even if ...

“Audit rates for the average taxpayer have remained relatively low for years and will likely continue at similar levels in ...

Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...