Income-tax
Latest
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Another IRS 1099-K Tax Change for Online Sellers
Selling Online Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.
By Kelley R. Taylor Last updated
Selling Online -
Standard Deduction 2024 Amounts Are Here
Income Tax What will the standard deduction for your filing status be in 2024?
By Katelyn Washington Last updated
Income Tax -
IRS Releases Income Tax Brackets for 2024
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.
By Kelley R. Taylor Last updated
Income Tax -
Don’t Let the 'Widow's Penalty' Blindside You: How to Prepare
If one spouse passes away, the surviving spouse could pay nearly double the amount of income taxes. Are you planning for this?
By Joe F. Schmitz Jr., CFP®, ChFC® Published
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Saver's Credit: Who Qualifies for This Retirement Tax Break?
Tax Breaks If your income isn't too high, the Saver's Credit can help lower your tax bill if you contribute to a retirement account.
By David Muhlbaum Last updated
Tax Breaks -
From Chatbots to Audits: How the IRS Will Use AI This Tax Season
IRS The IRS has plans to increase its use of AI. Here’s how the agency will do it and what it could mean for taxpayers.
By Katelyn Washington Published
IRS -
California Taxes Were Due But There’s a New Deadline Extension
Tax Deadlines Californians have a last-minute tax deadline extension due to a new IRS announcement.
By Kelley R. Taylor Last updated
Tax Deadlines -
Six Tax Deadlines for October 2023
Tax Deadlines You might know about the federal tax return extension deadline, but did you know about these other Oct. 16 tax deadlines?
By Katelyn Washington Last updated
Tax Deadlines -
IRS Promises Fewer Audits of Earned Income Tax Credit Claims
IRS Audits After years of auditing some taxpayers with lower incomes at higher rates, the IRS says it’s making a change.
By Kelley R. Taylor Published
IRS Audits