As tax season approaches, many taxpayers are concerned about the potential for an IRS audit. Certain income and deduction ...

In Connecticut, the deadline to file state and federal tax returns is April 15. Here's how to file for free, and who's ...

Medicare beneficiaries with income over a designated amount are required to pay a monthly fee in addition to their Medicare ...

With the tax-filing season in progress, you probably have wondered how you compare with other Arizonans. Here are some ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

Tax season opened on Monday, January 27, meaning Americans are now able to file and pay their tax returns for 2024 with the Internal Revenue Service (IRS).

“But if only these expenses exceed 7.5% of your adjusted gross income for the year,” Alajian said. “Anything less than that is not deductible. But that’s a good thing. It means your medical expenses ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the additional money. Fully refundable tax credits are just the opposite -- if your ...

Filing a tax return is required for you to receive a tax refund, but filing a return doesn't guarantee you'll receive a tax ...

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

Filers can itemize deductions; claim the earned income tax ... provides free in-person tax preparation to people with an AGI of $60,000 or less, with disabilities or with limited English skills.