Congress created the Employee Retention Credit (ERC) to give tax credits to businesses that kept employees on payroll instead of laying them off during the COVID-19 pandemic. In reliance on those tax ...

Before you agree to act as an executor, understand some of the potential hazards and how to most effectively navigate them.

The IRS encourages taxpayers to utilize electronic payment options on IRS.gov before April 15 to avoid late filing fees and ...

If you missed out on the third round of stimulus checks in 2021, you still have one last chance to claim your $1,400 payment ...

Find out how to take advantage of the extension resource and ensure that you effectively meet your tax obligations.

The Illinois Department of Revenue reminds taxpayers of common tax return errors that could lead to delays, rejections or penalties.

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

Millions of Americans awaiting their IRS tax refunds this season may face significant delays due to mass layoffs at the IRS.

According to a 2024 Bankrate survey, 36% of US adults earn extra income through a side hustle. And with the growth of ...

The average tax refund amount is higher than it was last year at this time, according to a batch of data released by the IRS ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency ...

Instead of getting one big check, you could see that money spread out throughout the year to help cover monthly expenses ...