The IRS has apparently given up on excuses. After three weeks of offering an explanation for the lower numbers, explaining ...

To claim income tax deduction, taxpayers are meant to invest within the same financial year. This means if you want to claim ...

The Earned Income Tax Credit (EITC) offers a valuable opportunity for low- and moderate-income workers to reduce their tax ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can ...

Because of how IRS computer systems are configured, the IRS computers will not detect an over-reporting of income and send ...

The traditional penalty for not filing taxes by the deadline is 5 percent of the tax due for each month the return is late.

The North Carolina Department of Revenue is now processing 2024 individual income tax returns. Taxpayers will begin receiving ...

IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts ...

Low- and moderate-income workers and households have the opportunity to help themselves with the Earned Income Tax Credit ...

Deductions related to salary, including standard deduction and leave encashment, are now grouped under a single clause ...

The North Carolina Department of Revenue is now processing 2024 Individual Income Tax returns. Taxpayers will begin receiving ...