Common tax return errors: 6 mistakes and how to prevent them
Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if double-checked by taxpayer.
This retirement account is an ‘IOU to the IRS' — but here's when it makes sense, expert says
Your pre-tax IRA is subject to future income taxes, depending on your bracket. But it could offer planning opportunities, ...
People love the IRS’s free tax filing website. Its future is unclear.
That website is IRS Direct File, which was well reviewed but little used in its 2024 debut as a free alternative to online ...
Tax Guru13h
Late Filing of Form 10CCB Not automatically Disqualify Section 80-IA Deductions
Shah Vs. Deputy Commissioner of Income Tax (DCIT), ruled on the disallowance of a deduction under Section 80-IA due to the delayed filing of Form 10CCB. The case stemmed from the Centralized ...
Daily Voice on MSN17h
$1 Billion In Refunds Haven't Been Claimed, IRS Says: Here's Who's Eligible
The IRS warns that low- and moderate-income taxpayers could also be missing out on the Earned Income Tax Credit (EITC), which ...