Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

To claim the child and dependent care credit on your 2024 tax return, you'll add your dependents and their Social Security numbers to your 1040 form and complete IRS Form 2441, "Child and ...

Errors can lead to delays in tax refunds. Certain mistakes can even turn a refund into an unexpected tax bill.

Bad tax information on social media, aggressive marketing tactics, and "ghost" tax preparers can create huge headaches with ...

This economic support from the IRS is one of the least requested due to the lack of information about it. Read in english: ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...