A Southern California man pleaded guilty to defrauding millions of dollars from clients and evading more than $1 million in taxes. Frank Seung Noah, 64, of Corona, is a customs broker who works ...
As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds are anticipated, understanding changes like the new IRS 'Direct File' ...
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
The Minnesota Department of Revenue will open the state individual income tax filing season Jan. 28. For Minnesotans’ benefit and convenience, this date matches the opening day for the ...
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...
The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...
First, the new Stay NJ benefit, which is supposed to cut property taxes by up to 50%, capped at $6,500, for seniors who earn ...
State wildlife officials are asking Iowans not to skip over the Fish and Wildlife Fund this tax season, what’s popularly ...
Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.