IRS warns of 'frustrating' tax filing season
The IRS warns tax refunds could be delayed due to staffing shortages and processing backlogs. FOX Business' Gerri Willis with the latest.
IRS tax-filing season to kick off on Jan. 24
The Internal Revenue Service said Monday that it will begin accepting 2021 individual income tax returns on Jan. 24 – and administration officials are already warning of a “frustrating” season as the agency grapples with a backlog of returns from previous years.
Biggest surprise from today's Fed minutes
Quill Intelligence CEO Danielle DiMartino Booth discusses when the Fed could raise rates on 'Making Money.'
2021 tax breaks to look out for before they are gone
Year-end tax planning always matters, but new or temporary tax-code changes make it different this year.
IRS extends tax relief for those impacted by Ida in New York, New Jersey
The IRS said in a statement Wednesday that those impacted by Hurricane Ida in parts of New York and New Jersey will be offered an extension to file various individual and business tax returns—similar to the relief already provided to victims in Louisiana.
61% of Americans paid no federal income taxes in 2020: report
Fox News contributor Brian Brenberg joins 'Kennedy' to discuss how the pandemic impacted U.S. federal income taxes
‘The CyberGuy’ explains Child Tax Credit-related scams
Kurt Knutsson, often known as ‘The CyberGuy,’ on what you should know about Child Tax Credit scams.
Millions of eligible children may miss out on expanded Child Tax Credit, study finds
The IRS is missing the required information for millions of American households that could potentially qualify to receive the expanded Child Tax Credit, a new report shows.
Wyden unveils bill to limit 20% small business deduction for the wealthy
Oregon Democrat Sen. Ron Wyden on Tuesday introduced a bill that would eliminate the qualified business income deduction – implemented as part of the 2017 Tax Cuts and Jobs Act – for wealthier business owners.
Edmunds: 5 smart ways to use your tax return on a car
Tax season will be coming to a close later than usual this year, due to the May 17 extended deadline. Until that time, you might hear advertisements from car dealerships urging you to bring in your refund or pandemic stimulus check to buy a new car.
Where's my tax refund? Here's the quickest way to get IRS return
CPA Daniel Geltrude explains what you need to do to get your tax refund as quickly as possible.
Tax tips for the complicated 2020 filing season
CPA Daniel Geltrude breaks down what you need to know to navigate the tricky tax season and prepare for tax increases in 2022.
How will cryptocurrency earnings be taxed?
Geltrude & Company founder and CPA Dan Geltrude explained that if cryptocurrency is considered capital gain, then it's taxable.
Tax filing tips amid the coronavirus pandemic
Kesha Jontae' gives tax tips.
Want a bigger stimulus check? Consider filing your tax return early
The window for exploiting the basis for the payments might be limited.
Chamber of Commerce has "serious concerns" and questions about Trump's payroll tax deferment
The U.S. Chamber of Commerce is asking the Trump administration to clear up the concerns and questions many businesses have in the wake of the President's executive action to defer payroll taxes.
Here’s what Trump’s back-to-work bonus could look like
The administration confirmed a bonus for returning to work is under consideration.
3 last-minute tax tips for your 2019 return
With the tax-filing deadline rapidly approaching, here are a few tips to get you through the process if you have yet to get your return in order.
Tax refund delays are happening at the worst time. Here's why.
One once-reliable source of cash is taking longer to reach Americans' bank accounts this year, and tax refund delays could not have come at a more inconvenient time.
Nashville approves ‘painful' property tax hike
City levy rates would increase 34%