Live Breaking News & Updates on Major Tax Changes

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8 Lesser-Known Tax Forms Your Accountant Might Ask For

Everyone with a job knows about Form W-2 that's the document your employer submits with all the information about the wages you earned, the taxes your boss withheld and everything else you need to. ....

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Earn the Maximum Tax Refund With These Two Tips for Your 2021 Filing

When it comes to filing your tax return, any potential saving tips are welcome. While some tax tricksters spend an inordinate amount of time finding hidden loopholes to save some precious pennies,. ....

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IRS Budget Increase Diminishes in Omnibus Spending Bill, Though New Funding Is Approved for Better Taxpayer Service

A $1.5 trillion omnibus spending bill passed by the U.S. House on Wednesday, Mar. 9 made a major cut to previously planned budget increases for the IRS, though the money the agency did get will help. ....

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How COVID-19 Relief Will Affect Your Taxes

It's now closer to March than January, which means you still have time to get your taxes done early. It's time to get cracking, though especially if you're not sure how all the pandemic relief from. ....

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Is Paying Off Debt or Bills With Your Tax Refund Good for the Economy?

The IRS will start issuing tax refunds as early as mid-February. For many Americans, it will be the only windfall of 2022 and how they plan to spend it speaks volumes about the toll the last two. ....

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