The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...

ParkMobile has finally wrapped up a class action lawsuit over the platform's 2021 data breach that hit 22 million users. But there's a catch: victims are receiving compensation in the form of a $1 ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

As the old saying goes, two things are certain in life — death and taxes. Crypto gaining mainstream legitimacy has come with the tradeoff of increased scrutiny, regulations, and, you guessed it, taxes ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...

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

Every time Sheneya Wilson, CPA publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive ...

A W-2 form is a crucial document you need when filing your taxes. This form contains all the relevant information about your ...

In 2023, 161,781,457 taxpayers filed Forms 1040 and 1040-SR, with the number of taxpayers filing these forms projected by the Internal Revenue Service to increase by about 10,000,000 over the next ...