New York — Tax filing season has begun. The Internal Revenue Service is now accepting and processing 2023 federal income tax returns. Filing your taxes is a task you may not like, but it’s one you can ...
As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure all income is reported, and consider filing for an extension if necessary.
Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...
Dear Savvy Senior: What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return the past two years because my income was below the filing threshold, but I ...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
With just over a week left to file your federal income taxes, local tax pros are warning of common pitfalls people run into when filing their taxes last minute — and warning of an increase in tax ...
What you need to know: If you need to amend your Individual Income Tax Return, file a new return with the corrected information and include a completed Schedule AMD. Check to see if your software ...