A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the credit (or the ...

The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...

Get your forms together, it's tax season. So when will the IRS start accepting returns? What is the filing deadline in Ohio?

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

Legislators discussed a tax proposal to benefit for volunteer first responders on Tuesday with rare bipartisan support.

Maryland Gov. Wes Moore dropped a few hints about how he'll close an almost $3 billion budget shortfall that could include ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Our latest edition of Tax Breaks. Summing up 2024 and looking ahead in 2025, tax preparation, filing for an extension, refund ...

Next, if you're filing taxes electronically, you'll need your adjusted gross income from last year to verify your identity.

April 15, 2025, is the filing deadline for federal taxes. That's on a Tuesday this year. If you fail to file or pay your federal tax return on time, the standard penalty is a whopping 5% of any tax ...