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This tax season, the IRS said it’s adding staff and technology to “reverse the historic low audit rates” on high-income taxpayers. Filing season can already be a stressful time for many people, between having to navigate countless forms and compiling all of the correct information. The looming threat of an audit can ratchet up the stress of […]

If you’re a freelancer or independent contractor, you should choose an online tax software designed for self-employed people. Online tax software for self-employed people can ensure that you take advantage of various tax breaks that can reduce your tax liability. In addition, since the software is updated on a continuous basis, you’ll have the latest

AGI: between $17,000 and $79,000. All active military members qualify regardless of income. Free federal return for all states for qualifying individuals. Those who don’t qualify can pay $25 for a federal and state return. Free state returns for AL, AR, AZ, CT, GA, IA, ID, IN, KY, MA, MI, MN, MO, MS, MT, NC,

If you were a victim of the severe winter storms, flooding, landslides, and mudslides in California, or the severe storms, straight-line winds, and tornadoes in Alabama or Georgia, you now have additional time to file various individual and business tax returns and make certain tax payments. Details about these recent tax relief provisions can be found

“I don’t want a tax bill” is usually the first thought that comes to mind every tax season. The last thing you want to do is add an additional expense by paying to file your return when you might qualify for free filing. This story is part of Taxes 2024, CNET’s coverage of the best

We began our analysis by looking at nine popular online tax software providers: Cash App Taxes, eFile.com, FileYourTaxes.com, FreeTaxUSA, H&R Block, TaxSlayer, TaxAct and TurboTax. To narrow our list, we chose to focus on the online tax software companies that provide free tax preparation for simple filings of both federal and state tax returns. That

Even for the most confident first-time filers, doing your taxes can feel daunting. If you’re wondering what options are out there, here’s a cheat sheet on how to do your taxes and how to make tax filing easier. 1. Determine if you need to file Whether you have to file a tax return this year

Self-assessors have just a couple of days left to file their 2022-23 tax return before the final deadline of midnight on 31 January. Last week, the tax office said it was still waiting for 3.8 million people to file their online returns. Failing to submit a self-assessment on time will land you with a £100

Owning a house in the US is expensive, especially with rapidly rising home prices over the past decade — the Case-Shiller US National Home Price Index has set record highs for the past several years. And in additional to expensive down payments and mortgages, US homeowners pay an average of $17,459 every year for “hidden expenses,” according

With just one week to go until the self-assessment deadline on 31 January, HMRC has revealed that 3.8 million people still haven’t filed their tax return. HMRC is expecting more than 12.1 million tax returns to be filed for the 2022-23 tax year, along with any payment that is owed. However, to date, just over