Here’s how to get a faster tax refund, expert says
D3sign | Moment | Getty Images Tax season has kicked off and the IRS has started to process 2023 returns. If you’re expecting a refund, there are a few ways …
National taxes
House Republicans reintroduce bill to repeal ‘death tax’
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans …
How parents can gain from two child credits this tax season
Maskot | Maskot | Getty Images The cost to raise a child has become expensive for parents in the U.S. As tax season approaches, it’s smart to pay attention to …
You can still lower your 2023 tax bill with these last-minute moves
The year-end is quickly approaching, but there’s still a chance to reduce your 2023 tax bill or boost your refund with some last-minute moves, experts say. Dec. 31 is the …
IRS is resuming automated collection notices. Here’s what to know
The Good Brigade | DigitalVision | Getty Images How IRS collection notices work Typically, CP14 is the first IRS notice for an unpaid tax balance, followed by three or four …
Powerball climbs to $535 million. Here are option to claim the prize
The Powerball jackpot hit $1.2 billion on Oct. 3, 2023, the third-biggest prize in the game’s history. Scott Olson | Getty Whether you pick the lump sum or annuity payout, Loyd …
IRS rejects 20,000 tax refund claims for employee retention credit
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters …
Supreme Court case on ‘income’ could have major implications for taxpayers
People exit the Supreme Court building in Washington, D.C. on Tuesday, June 27, 2023. Minh Connors | The Washington Post | Getty Images The Supreme Court is set to hear …
How to save on future taxes for mutual fund capital gains distributions
Kate_sept2004 | E+ | Getty Images More from ETF Strategist Here’s a look at other stories offering insight on ETFs for investors. Many mutual fund families have released distribution estimates …
GOP’s IRS funding cut would hurt customer service goals
U.S. Treasury Secretary Janet Yellen outlines the improvements the IRS will deliver to taxpayers in 2024, during remarks at IRS Headquarters in Washington on Nov. 7, 2023. Kevin Lamarque | …