Taxable or Not – What You Need to Know about Income
All income is taxable unless the law excludes it. Here are some basic rules you should know to help you file an accurate tax return: Taxed income. Taxable income includes…
Read moreAll income is taxable unless the law excludes it. Here are some basic rules you should know to help you file an accurate tax return: Taxed income. Taxable income includes…
Read moreRefund Inquiries Question: What should I do if I entered an incorrect routing or account number for direct deposit of my refund? Answer: The IRS assumes no responsibility for tax…
Read moreThe Child Tax Credit may save you money at tax-time if you have a qualified child. Here are six things you should know about the credit. 1. Amount. The Child Tax…
Read moreIf you receive Social Security benefits, you may have to pay federal income tax on part of your benefits. These IRS tips will help you determine whether or not you…
Read moreWASHINGTON ― With next Monday’s tax deadline fast approaching for many farmers and fishermen, the Internal Revenue Service is reminding these and other individual filers that the new IRS Direct…
Read moreTax scams take many different forms. Recently, the most common scams are phone calls and emails from thieves who pretend to be from the IRS. They use the IRS name,…
Read moreThe Internal Revenue Service is partnering with community-based organizations across the country to promote Earned Income Tax Credit Awareness Day, an effort to alert millions of low and moderate-income workers…
Read moreIRS Can Help if W-2s Are Missing In most cases you get your W-2 forms by the end of January. Form W-2, Wage and Tax Statement, shows your income and…
Read moreRegular & Disability Benefits Question: I retired last year, and started receiving Social Security payments. Do I have to pay taxes on my Social Security benefits? Answer: Social Security benefits…
Read moreRefund Offsets for Unpaid Child Support, Certain Federal and State Debts, and Unemployment Compensation Debts The Department of Treasury’s Bureau of the Fiscal Service (BFS) issues IRS tax refunds and…
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