The clock is ticking for taxpayers who may still be owed money for tax year 2022. The IRS says more than 1.3 million people nationwide have unclaimed refunds and must file their 2022 federal tax return by April 15 to receive them. An estimated $1.2...
Mistakes happen. The good news is most tax return errors are easy to avoid with a quick review before you file. Even if a preparer completes your return, you’re still the one responsible for what’s reported....
If you had digital assets in 2025, such as cryptocurrency, NFTs, or stablecoins, it’s time to check your mailbox and inbox. Tax documents are rolling in, and this year, there’s a new form in the mix....
Discovering that you owe money to the IRS can be overwhelming—especially when paying the balance in full isn’t financially realistic. The good news is that the IRS offers multiple programs designed to help taxpayers manage or reduce their tax debt. Both individuals and businesses may...
When most people think about taxes, they focus on deadlines, forms, and payments, not protections. However, the IRS Taxpayer Bill of Rights establishes clear standards for how taxpayers must be treated at every stage of the tax process, from filing and audits to appeals and...
Tax season can be stressful; that's why we're serving up another round of tax tips. We want your 2025 filing season to go more smoothly. Read on for on for tips about determining your filing status, understanding AGI, reviewing your tax withholding, and more. ...
The new year’s almost here, and that means the 2026 tax season isn’t far off. If you’re looking to make filing easier and avoid delays, now’s a good time to start getting organized. A few small steps today can help make the entire process less...
It’s easy to assume that children don’t need to worry about taxes. However, if your child earns unearned income, like dividends or interest from investments, the IRS may require them to file a tax return. There are two primary scenarios that could make this necessary....
In March 2023, the IRS issued Revenue Ruling 2023-2, which introduced a significant alteration in the way assets in irrevocable trusts are handled for tax purposes. According to the new rule, assets placed in an irrevocable trust that are excluded from the grantor's taxable estate...
All taxpayers are protected by the Taxpayer Bill of Rights, which includes the right to finality. This means you are entitled to know how long the IRS has to act on certain matters, and when a process is officially closed....
