As Republicans work to draft tax legislation for the 2025 federal budget package, lawmakers have introduced bipartisan ...

Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS data. More specifically, only 0.44% of individual returns and 0.74% of ...

If you want to claim your missing money, you'll need to file your tax return by April 15, 2025. What is the Earned Income Tax ...

Some folks don’t file taxes simply because they don’t earn enough, but they could be missing out on a significant tax refund.

Changes to taxation system include lowering the top tax rate, raising the income threshold for the lower rate, and expanding ...

A major income tax cut bill is headed to the desk of Montana Gov. Greg Gianforte, who indicated Thursday he plans to sign it.

Tax credits are subtracted directly from the tax you owe, helping you cut down your overall tax bill. Tax deductions also ...

Through Feb. 14, the average had been just $2,169, but has increased dramatically now that the IRS has begun issuing refunds to taxpayers who claimed the Earned Income Tax Credit or Additional ...

Call it natural talent or learned behavior, but it made her a perfect fit for Tax-Aide, the nation’s largest free volunteer-run tax assistance program. “Not everyone has a way to give back, and this ...

including the Child Tax Credit (CTC) and the Earned Income Tax Credit (EITC). These expansions resulted in larger refunds for ...

Relevant tax credits for married couples include the Earned Income, American Opportunity and Lifetime Learning tax credits.

Cumulatively, School of Management student volunteers have brought nearly $14 million in tax refunds back into the region since 2008 by preparing more than 11,200 tax returns. Approximately $2.9 ...