New York tax preparer charged in big tax fraud scheme
Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023. Barry Williams | New York Daily News …
Government taxation and revenue
Here’s what to know on Tax Day if you still haven’t filed your return
Danny Werfel, IRS Commissioner, speaks after being ceremonially sworn in at the IRS headquarters in Washington on April 4, 2023. Ting Shen | Bloomberg | Getty Images File by the …
Here’s what to do if you can’t pay your taxes by the deadline
File your return by April 15 even if you can’t pay If you can’t cover your taxes in full, you should still file your return by April 15 and pay …
90% of qualifying EV buyers get $7,500 tax credit as upfront payment
Maskot | Maskot | Getty Images The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the car dealer instead of …
The first quarter estimated tax deadline for 2024 is April 15
If you are racing to file taxes, you could miss another key deadline: the April 15 due date for first-quarter estimated tax payments. Estimated tax payments typically apply to earnings …
Here’s how to file a federal tax extension for free in minutes
Cavan Images | Getty Images If you need more time for your taxes, there’s a quick, free way to file a federal tax extension online, according to experts. This season, …
IRS adds ‘important update’ for free Direct File pilot
D3sign | Moment | Getty Images With one week until the April 15 federal tax deadline, the IRS has released an “important update” for Direct File, the agency’s free tax …
How to avoid ‘ghost preparers’ and other tax scams as deadline nears
As the April 15 federal tax deadline draws near, most taxpayers have less than two weeks to submit their 2023 individual tax return or file an extension — but for …
Here’s who can claim a ‘special tax credit’ for retirement savings
Halfpoint Images | Moment | Getty Images Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don’t claim it, according to the IRS. …
How to reduce your tax bill or boost your refund before the deadline
Drakula & Co. | Moment | Getty Images More from Smart Tax Planning: Here’s a look at more tax-planning news. 1. Get an ‘immediate deduction’ from your IRA One of …