Half of Americans expect lower tax refunds this year, survey says
Half of Americans are expecting lower refunds this tax season, and many lower income earners are unsure if they will receive refunds at all, according to a recent survey.
Cortez Masto backs gas tax holiday to 'lower costs for Nevada families,' but it wouldn't save them a cent
Sen. Catherine Cortez Masto said she proposed a federal gas tax holiday "that will help us lower costs for Nevada families." But her bill would not actually change the price of gas in Nevada.
Do you have to claim student loans on your taxes?
You don’t have to report student loans on your tax return. In fact, getting an education is more likely to result in a tax break than a tax bill.
IRS will allow taxpayers to skip facial recognition after privacy backlash
The Internal Revenue Service said Monday that it will allow taxpayers to opt-out of using facial recognition software to verify their identity and access their online accounts as the agency tries to quell widespread backlash.
Taxes made easy for newlyweds and new parents
Sponsor Content: Tax advice for recently married couples and new parents filing in 2022
Elon Musk claps back at Elizabeth Warren claim that he paid 'zero' in taxes
Tesla CEO Elon Musk clapped back at Sen. Elizabeth Warren, D-Mass., who claimed that he had paid “zero” in taxes in 2018. Musk cited his multi-billion-dollar anticipated tax bill for 2021.
How to reclaim your refund after a student loan tax offset
Learn how to get a student loan tax offset hardship refund if your federal student loans are in default.
Expanded child tax credit complicates filing season
Those who took the child tax credit may be in for a surprise change in their refund size, or other potential complications, highlighting the downsides of administering family programs without a plan.
Where's my tax refund? IRS sheds light on when it will send the money
With millions of Americans expecting a tax refund this year, the IRS has one request for those looking to get their money faster: File your return electronically and as soon as possible.
2022 tax filing season comes with new complexities — what to know
The 2022 tax season is here, but it will be more complex than in previous years. Here's what you should look out for.
House Republicans call on IRS to ensure Americans receive their tax refunds in a timely manner
House Republicans in a Wednesday letter called on the IRS to ensure Americans receive their tax refunds in a “timely” manner.
How to spot tax refund scams
Credible.com personal finance expert Dan Roccato on how to avoid scams for the 2022 tax season.
Tax refund advance loans: What you need to know
A tax refund advance is a short-term loan that you repay with your tax refund. The amount you can borrow depends on your expected refund and other factors.
IRS chief warns of 'enormous challenges' this tax-filing season
IRS Commissioner Chuck Rettig on Tuesday sounded the alarm over the agency's massive backlog of unprocessed returns, which he warned could lead to a “challenging” tax season.
Do I have to pay taxes on forgiven student loans?
The Credible Money Coach shares some good news about student loan forgiveness and federal income taxes.
Higher taxes will be ‘very damaging’ to working families: Rep. Kevin Brady
Rep. Kevin Brady, R-Texas, provides insight into how raising taxes have impacted inflation.
VP Harris leads Biden administration's 'Day of Action' to ensure families receive child tax credit
Vice President Kamala Harris is encouraging families to file their taxes in 2022 in order to receive the second half of their Child Tax Credit payment.
Colorado governor tries to fight highest inflation in nation with cuts on gas, services
High shipping costs, rising energy costs, a shortage of materials, elevated commodity prices and rising wages have driven national and state-wide inflation to record levels.
Cryptocurrency investors face tax season challenges
Now that tax season is in full swing, taxpayers who participated in last year’s boom in cryptocurrency and other digital assets like non-fungible tokens (NFTs) are figuring out what it all means for their taxes.
Valentine's Day chocolates just got more expensive
Inflation and supply chain issues are hitting Valentine’s Day products across the board, and that includes one of America's favorite indulgences - chocolate.