Taxes
Latest News
Educator Expense Deduction: How much is it, requirements, limits, who qualifies, and how to claim it to the IRS
Learn about the Educator Expense Deduction and how you can claim it
Credit for the Elderly or the Disabled: How much is it, requirements, limits, who qualifies, and how to claim it to the IRS
Learn about the Credit for the Elderly or the Disabled and how you can claim it.
Casualty and Theft Loss Deduction: How much is it, requirements, limits, who qualifies, and how to claim it to the IRS
Understanding the casualty and theft loss deduction, eligibility, limits, and IRS filing requirements.
Can SNAP benefits be used to buy seeds and plants for home gardening?
Growing your own food with SNAP: how seeds and plants can stretch your benefits.
Can the IRS take money from my bank account without notice?
The IRS can compel the collection of delinquent taxes through several procedures, such as levies on a bank account.
What is the minimum amount you can earn and not file taxes?
Understanding the minimum income threshold for filing taxes in 2024
Parents can get a monthly stimulus check of up to $298 in Florida – Check if you are among those eligible with these requirements
The Temporary Cash Assistance Program in Florida will be giving out cash assistance to parents in Florida
IRS implements new tax rule for Venmo, PayPal and CashApp – Check if you are taxed when using these payment applications
The IRS has implemented a new tax rule for Venmo, PayPal and Cash App for payment of goods and services.
Where is my refund: what is the web page and how does the IRS site work to file taxes online and receive refunds faster?
To facilitate that process for filers to electronically file and expedite the refund process, the IRS has made the “Where is my Refund" and the IRS2Go app.
Bad news from the IRS – These are the states that do not have the Free File system and you will not be able...
Some states in the United States will not be participating in the IRS Free File Program
This is the $1,000 stimulus check you can apply for in this U.S. state – The family income limit to apply is $46,520
Pennsylvania's property tax/rent rebate program offers financial relief to eligible residents
Bad news for singles – The up to $7,562 tax you pay in the U.S. if you live alone with these states leading the...
If you are single and live alone in the U.S., then you need to know this.
Why owning your own home in Texas is better when it comes to tax relief
A Senate bill increases homestead exemption, but renters still shoulder the tax burden.
IRS2Go: where to download and how the IRS app works to file taxes online and get refunds faster
Your simple guide to downloading and using the IRS mobile app for stress‐free tax filing
Which filing status gives the biggest refund?
The choice of which filing status to use is crucial in regards to obtaining the highest refund.
Radical change in the IRS by 2025 – These are the Americans who can add a ‘Super Catch-Up’ for their pension plan
IRS raises 2025 contribution limits and standard deductions amid inflation adjustments
Americans will receive extra payments of up to $8,046 from the IRS – Must meet six requirements to get them
Extra Cash from IRS: A step-by-step guide to meeting the criteria for up to $8,046.
This is the first $1,702 stimulus check of 2025 – If you live in this U.S. state where you can claim the tax help...
Although most residents will qualify, certain conditions need to be met before accessing the money. This is what you need to know to get your check-in for 2025
Goodbye to IRS tax brackets in 2025 – These are the Americans who have to pay 37% in taxes on incomes up to $731,200
Key updates to tax deductions, brackets, and credits for 2024 and beyond.
How many months will the IRS do payment plans for and what is the difference between individual and business taxpayers?
Short-term and long-term payment plans are available to individual and business taxpayers with a payment duration ranging from 6 months to 6 years as long as they meet the following criteria.
Here is the key place on IRS Form 1040 to claim your stimulus check payments that you have not yet received
Find out where and how to claim your missing stimulus money on your tax return.
These are the Americans who can receive a stimulus check of up to $5,400 – Check if you qualify for the tax relief
Montgomery is giving out an annual stimulus check to single mothers. Read to know if you are eligible
Here’s what you must do to qualify for the maximum Child Tax Credit – The IRS’s new rules of the game for 2025
For 2025, the maximum credit limit remains $2,000, with a maximum refundable portion of $1,700.
Child Tax Credit (CTC): How much is it, requirements, who qualifies and how to claim it to the IRS
You can claim tax credits of $2000 for your qualifying dependent as long as they meet the following criteria. Here’s how to claim your tax benefits.
Inherited IRA rules set to change dramatically in 2025 – If you’re a beneficiary, you’re interested in learning about the 10-year rule on RMDs
Understanding the 2025 Inherited IRA Rule: What heirs need to know about withdrawals and penalties.