To help Americans make it through the depths of the pandemic, the U.S. government issued a series of stimulus payments in 2020 and 2021. According to data from the U.S. Census Bureau, that financial.
Do you ever wonder how long you should hang onto tax filing paperwork? This form of record keeping may lead taxpayers to ask how long they need to keep and store documentation or if they are meant to.
This tax season, Americans might be receiving less than they did last year in refund money. This is mostly due to changes in pandemic-era tax credits and stimulus payments, of which there were none in.
In 2022, the IRS audited 626,204 income tax returns 0.38% of filings. That number could increase in 2023 now that, under the Inflation Reduction Act, the IRS has received $80 billion in new.