News

In most cases, if the IRS doesn’t issue your refund within 45 days of the tax deadline, the agency owes you interest.
Did you file your income tax return last year, and yet not received your refund? Although unusual, this can be true. There are some taxpayers who have yet not received their income tax refund even ...
Report the interest income on your tax return, and attach Schedule B for amounts over $1,500. When you think of your income, a paycheck probably comes to mind.
A new report issued in November by the Treasury Inspector General for Tax Administration indicated that 21.9 million — or 15.9% — of 2023 federal income tax returns used a refund-related ...
Discover how to earn tax-free interest income through investments. Understand the rules and benefits of tax-exempt interest and find suitable options for you.
Many top tax prep companies have a free tier for filers with a simple tax return, the most basic version you can file. A simple return is typically prepared using IRS Form 1040, with income from a ...