Tips to help taxpayers make sure their donations go to legitimate charities
When disaster strikes, Americans can always be counted on to help. That help comes in countless ways, but often the easiest way to help is by donating money to charities. Sadly, criminals are just as…
Taxpayers can take steps now to get ready to file their taxes in 2020
There are steps you can take now to make sure your tax filing experience goes smoothly next year. First, you can visit the Get Ready page on IRS.gov to find out more. Here are a few other…
Tax tips for new parents
Kids are expensive. Whether someone just brought a bundle of joy home from the hospital, adopted a teen from foster care, or is raising their grandchild. There are several tax breaks that can help. Here…
5 ways to get a jump on your 2015 finances
Now is a great time to start planning for the year ahead. These five tips can help you make the most of your spending and saving in 2015. 1. Rethink your spending with the economy…
What people should do if their third-round Economic Impact Payments are missing or incorrect
In 2021, the IRS issued more than 175 million third-round Economic Impact Payments, totaling over $400 billion. Most eligible people already received the full amount of their credit in advance and don’t need to include…
Reasons to file a 2019 income tax return
While many people are required to file a tax return, it’s a good idea for everyone to determine if they should file. Some people with low income are not required to file, but will need…
What taxpayers should do when they receive Form 1099-K
Form 1099-K, Payment Card and Third-Party Network Transactions, is an IRS form that is used to report certain payment transactions. If taxpayers receive a Form 1099-K, they should use that information with their other tax records…
The deadline for the final 2022 estimated tax payment is January 17, 2023
Many taxpayers make quarterly estimated tax payments during the year to stay current on their taxes. Anyone who paid too little tax in 2022 needs to make a fourth quarter payment on or before Jan….