Receiving an unexpected letter from the IRS can be unsettling, especially during the summer when many are planning vacations.

Claiming these and other federal tax credits and deductions, like the adoption credit and the Earned Income Tax Credit (EITC), can lower your tax liability or increase your refund amount.

To qualify for the EITC in 2024, you must meet specific criteria. First, you need to have an earned income under $66,819. Additionally, your investment income should be below $11,600.

Understanding tax bonuses, credits, and deductions can help you maximize your refund. Learn how each affects your bottom line ...

The Income Tax Department reminds taxpayers to complete e-verification of their ITR within 30 days. Delays can lead to ...

Navigating the complexities of tax deductions, credits, and bonuses can significantly impact your tax refund. By ...

Even if you live abroad, you’ll usually still need to file a U.S. tax return. But there are ways to reduce or even avoid a ...

Every year, millions of Americans miss out on IRS refunds and tax credits simply because they haven't filed their returns. With over a billion dollars unclaimed in 2025 alone, here's what can wait ...

For estates with income exceeding $600 after death, file Form 1041 and Form 56 to confirm your fiduciary role. The three-year rule applies, meaning refunds for 2020 had to be filed by May 17, 2024 ...