This article was published by the IRS. The April 15 deadline to file federal income tax returns is coming up fast. Taxpayers who need more time to file, should request an extension by the filing due date. An extension gives people until October 15 to file without penalties. It’s important to know, the extension is only [...]
This article was published by the IRS. Not everyone is legally required to file a federal tax return. However, not doing it could be leaving money on the table. People could be missing out on refundable tax credits or an income tax refund. This could apply to someone if they: Have had federal income tax withheld [...]
American taxpayers age 65 and older may be eligible to claim an additional $6,000 tax deduction per person. Learn more at IRS.gov/OBBB.
This article was published by the IRS. Before filing a federal tax return, taxpayers should make sure they have the necessary and correct documents. Here’s what taxpayers should do if they haven't received their Form W-2 or Form 1099 yet. Taxpayer options for missing documents Contact the employer, payer or issuing agency and request the missing [...]
Got audited and don't agree with the results? You might qualify for an Audit Reconsideration. You can apply if: you still owe money. the IRS disallowed your credits. you have new documents. the IRS made an error. If you qualify, take the following steps: Step 1: Review your audit report using Form 4549, Report of Income [...]
