More than 10 million people file their taxes for free each year through TurboTax, which is owned by Intuit. Right now, there are two main ways folks can use TurboTax to do their t ...

For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become inactive without being formally dissolved. However, even if an inactive LLC has no income ...

While tax season can feel daunting, the paperwork can be worth it if you’re getting a refund. Waiting for your refund, ...

The Department of Justice said in a release Phillip Mak was a self-employed businessman who from 2008 through 2020, earned ...

A federal grand jury indicted a Jacksonville businessman with tax evasion, not filing a tax return and not paying taxes. Phillip Mak, the defendant, was a self-employed businessman who earned $10.3 ...

The IRS will begin processing tax returns on Jan. 27 ... You can find the latest information on your federal refund by clicking on Where’s My Refund? Information at the refund site is updated ...

you may owe taxes to the federal government as well as your state and local government (depending on which state you live in). According to IRS data, the average tax refund in 2024 was $3,050.

The IRS will begin accepting and processing ... inflation-indexed U.S. savings bonds when you file that 2024 federal income tax return. In the past, you could buy up to $5,000 in paper I Bonds ...

or who claim these tax credits anyway in the hopes of securing a higher refund, are at risk for serious consequences from the IRS. These latest changes come right in time for taxpayers to prepare ...

Board of Governors of the Federal Reserve System ... Amended U.S. Individual Income Tax Return." Page 2. Internal Revenue Service. "Topic No. 313, Qualified Tuition Programs (QTPs)." ...