CLARION, Pa. (EYT) – Clarion H&R Block submitted the following article: 1099-K Form – Everything You Need to Know. (Photo above by Dave Cyphert of ProPoint Media Photography.) Form 1099-K has been around for a while, but it’s received more attention recently because of a recent rule change. With the change, it was expected that […]
Clarion H&R Block Tax Tips: 1099-K Form – Everything You Need to Know Read More »
SmartAsset: IRS delays $600 reporting rule in 1099k forms for gig workers and online sellers to 2024 Here in the thick of tax season, those who earn money from freelance work and side-hustles may be wondering what obligations they have to report their income formally to the IRS. Well, in late December 2022, the IRS
Good News: IRS Delays New $600 Reporting Rule for Gig Workers and Online Sellers to 2024 Read More »
On Friday, the Internal Revenue Service issued a “stay tuned” alert of sorts that could delay the filing of many tax returns in states, like California, that rolled out special payments or extra refunds last year to offer relief to struggling taxpayers. The guidance the IRS gives in the coming days could be key for
IRS warns taxpayers to hold off on filing taxes Read More »
If you have modest income, you may be able to give yourself and your family some extra money with the Earned Income Tax Credit (EITC). Last year, 31 million workers and families received the EITC, and got an average $2,043 credit from their 2021 tax returns. In addition, many states have their own EITC for
Boost Your Refund With the Earned Income Tax Credit Read More »
If you qualify for special checks or rebates related to either tax surpluses or inflation in 2022, you might want to hold off on filing your tax return, the Internal Revenue Service (IRS) says. The agency is clarifying whether these special state tax rebates should be taxed federally, an IRS spokesperson tells CNBC Make It.
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 2023 tax season is underway and the IRS has started accepting 2022 tax returns. But you can’t file a return unless you have the necessary information. Robert
What to Do if You Haven’t Received Your W-2 Yet Read More »
With tax filing season underway, the Internal Revenue Service (IRS) is warning taxpayers to brace for smaller refunds without the cushioning of a few COVID-19 tax breaks. “Almost everything is reverting back to pre-COVID,” CPA Michele Cagan said. “Those bigger credits are all disappearing and or shrinking. It means a lot of people are gonna
Tax Season 2023: Everything To Know Before You File | Bankrate Read More »
Members of the community can receive assistance for the 2022 tax season at no cost with the UAB VITA program. Members of the community can receive assistance for the 2022 tax season at no cost with the UAB VITA program.The Regions Institute for Financial Education in the University of Alabama at Birmingham’s Collat School of Business
Free tax preparation available to eligible community members Read More »
NEWS RELEASE – Tax Filing Tips from the Hawaiʻi Department of Taxation Posted on Feb 6, 2023 in Latest Department News, Newsroom HONOLULU – The Hawaiʻi Department of Taxation (Department) announced that tax seasonhas officially begun, and is providing the following information to assist taxpayers in avoiding delays and frustration during the filing process. File
NEWS RELEASE – Tax Filing Tips from the Hawaiʻi Department of Taxation Read More »
Tax Season: 1040 U.S. Individual Income Tax Return getty One of the confusing things about tax season for many taxpayers is that the rules and brackets may be very different from year to year. For example, more than 60 tax provisions posted in Revenue Procedure 2021-45—made public about a year and a half ago—apply to
What Looks Different And What You Need To Know About Your 2022 Tax Return Read More »
