Latest
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Tax Season 2023: What to Know Before You File
Tax season 2023 has begun, but there are some key things to know before you file.
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Taxes on Gambling Winnings and Losses: 8 Tips to Remember
taxes If you pick the right horse at the track or win some money at a casino or though online betting, don't forget gambling taxes.
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You Can Still File Your 2021 Massachusetts Return and Get a 62F Tax Refund
Massachusetts has distributed millions of tax refunds to eligible taxpayers—but you can still file your 2021 Massachusetts tax return to get your share.
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IRS Says Some Virginia 2022 Tax “Stimulus” Rebates Aren't Taxable
Virginia 2022 tax “stimulus” rebates — many eligible Virginians have received a rebate of up to $500 for 2022. Are those payments taxable?
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Is Your Favorite SUV EV Eligible for a Tax Credit?
The SUV that you thought wasn't eligible for the electric vehicle tax credit before, might now qualify.
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IRS Says Direct Deposit Is the Best Way to Receive Your Tax Refund
IRS says the best way to receive your tax refund is by direct deposit. Here's how to do it.
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The Many Definitions of Modified Adjusted Gross Income (MAGI)
The definition of modified adjusted gross income differs depending on what the calculation is used for.
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Does the IRS Audit Some Taxpayers More Than Others?
A study of IRS audits, from Stanford University researchers and the U.S. Treasury Department, looked at whether some taxpayers are audited more than others.
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Can the Earned Income Tax Credit Help You?
The earned income tax credit (EITC) can help people with low-to-moderate income but it can also increase IRS audit risk.
