Oct. 15 is the deadline for filing tax returns for those who obtained a six-month extension. Make that deadline to avoid ...
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How To Read IRS Cycle Codes
Source: The College Investor An IRS cycle code is an 8-digit code on your IRS tax transcript that indicates the day your ...
While many enjoy a refund on tax day, not everyone is so lucky – with around one-fifth of taxpayers feeling increasingly ...
Failure to file by the deadline could result in a penalty of 5% due for every month your return is late.
The Treasury Department received a mysterious and anomalous payment of $7 billion in estate taxes in early 2023, which ...
With Direct File, the U.S. government built a free tax tool that stands up to traffic pressure and receives high marks from users. Some 30 million Americans across the country will have a new way to ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from taxation.
The IRS has unveiled its annual inflation adjustments for the 2024 tax year, featuring a slight uptick in income thresholds for each bracket compared to 2023. Your taxable income and filing status ...
The fire burned from July 10-17, and forced the evacuations of more than 400 people, with officials declaring a state of ...
Even global icons like Beyoncé, among the wealthiest entertainers on the planet, are not immune to IRS scrutiny. Recently, ...
Tax-loss harvesting involves selling securities at a loss to offset capital gains tax liability. This strategy can be particularly effective as the year draws to a close ...