Tax Forms

New Mexico’s health insurance exchange has been dragged into the scrum of this year’s tax-related scams, so, be on the alert for fraudulent calls from supposed beWellnm representatives. The bogus callers are trying to get personal information as they take advantage of this winter’s tax-preparation season, the insurance exchange says. Legitimate insurance representatives will never […]

Some Americans are turning to social media for tax advice, rankling tax pros who point out that some of those tips are misleading or flat-out wrong. Hashtag taxes — or #taxes — trended on TikTok in the last two weeks, boosting its rank to number three on the financial services chart, surpassing another popular search,

Photo by Steve Buissinne / Pixabay. Is there a hard-and-fast-rule about what income is taxable and what income is not? The quick answer is that all income is taxable unless the law specifically excludes it. But there’s more to it than that. Taxable income includes any money you receive, such as wages, tips, and unemployment

Saving for retirement is a challenge for most people, but part-time workers face some unique obstacles that can make their savings goals feel like a pipe dream. With a smaller annual income and a lack of access to workplace retirement plans, even motivated savers may struggle to set aside as much as they’d like to

If you’re stuck on your tax return, you’re not alone. A 2021 IRS survey found that 35% of all taxpayers contacted the IRS over the course of a year, and 53% required the help of a paid tax professional. You don’t have to pay big money to get tax help, however. Eligible seniors can get

Torsten Asmus By their very nature, Treasury Inflation Protected Securities benefit from high and rising inflation, as these bonds pay coupons that correspond to U.S. CPI. However, this does not mean that falling inflation is necessarily negative for TIPS. Rising CPI undermined TIPS in 2022, as the Fed responded to the inflation threat with aggressive

RAYMOND, Miss. — Private timberland owners spend countless hours caring for and maintaining their property, and many are unaware that this investment can help lower their tax bills. One of the most overlooked timber activities that qualifies for a tax reduction is reforestation, said Curtis VanderSchaaf, forestry specialist with the Mississippi State University Extension Service.

This story is part of Taxes 2023, CNET’s coverage of the best tax software, tax tips and everything else you need to file your return and track your refund. The child tax credit is one of the biggest tax breaks available to families in the US. Enacted in 1997, it can provide parents with thousands

CLARION, Pa. (EYT) – Clarion H&R Block submitted the following article: Claiming Energy Tax Credits for 2022 and 2023. (Photo above by Dave Cyphert of ProPoint Media Photography.) Making energy efficient updates to your home is a great move for our environment. But you might feel the pinch in your household budget. The good news

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. The earned income tax credit (EITC) put an average of $2,043 back in recipients’ hands and helped lift millions of children above the poverty line last year. Thirty-one million people applied and received