The Volunteer Income Tax Assistance and Tax Counseling for the Elderly program is returning for another year, offering free tax return preparation for qualified individuals in the community. The IRS’s ...
Many taxpayers are eager to file returns to collect a refund, but it's important to gather the necessary tax forms first. Filing an incomplete return could flag the IRS system, delay processing or ...
Taxpayers who receive an ERC after (or near) the expiration of the statute of limitations for the year to which the ERC relates should consult with their tax professional about whether to include the ...
It can be time-consuming and difficult to recover from tax-identity theft, and the scams are on the way with the start of 2024 income tax filing season. There are simple steps to bear in mind, such as ...
You may want to get that return done early.
Tax Day is just around the corner and millions of taxpayers have yet to file their tax return. If you’re one of those taxpayers who still needs to file—and you’re not ready—there’s an easy answer: ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. A Substitute for Return is a tax return prepared by the IRS ...
The IRS started accepting tax returns on Jan. 27 — and by the April 15 federal deadline, the agency expects to receive more than 140 million individual tax returns. That means millions of people will ...
IRS hasn't experienced glitches issuing tax refunds so far, experts say. For the week ending March 7, the average federal income tax refund was $3,324 for the first six weeks of the tax season. So, ...
・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You filed your ...