If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

As tax season kicks off, millions of Americans are preparing to file their returns. With the IRS accepting submissions from ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

If your return has been received, the IRS is still processing and has not yet issued a refund. If the refund has been approved, the agency is preparing to send it by the date shown. If the refund has ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Already need your tax refund check? You're not alone ... The Mississippi House of Representatives passed a plan to get rid of the state income tax in January. Don't get confused.

President Donald Trump has voiced his idea of abolishing income tax once again, noting that the US must "return to a system that made us richer and powerful." Addressing a House Republican Members ...

Filing your tax ... the income it will report so you can roughly calculate any payment due in time for the April deadline. The sooner you file your return, the earlier you should get your refund ...

The islands have no income tax, no corporate tax, no estate or inheritance tax, and no gift tax or capital gains tax, making it a pure tax haven. The Caymans have very strict banking laws designed ...