A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the credit (or the ...

The IRS announced the date tax season will begin, along with key changes taxypayers will see this year. Here's what you ...

This is because the deadline for filing GSTR-1 was extended by 2 days from the original January 11 to January 13.

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

Maryland Gov. Wes Moore dropped a few hints about how he'll close an almost $3 billion budget shortfall that could include ...

Legislators discussed a tax proposal to benefit for volunteer first responders on Tuesday with rare bipartisan support.

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Next, if you're filing taxes electronically, you'll need your adjusted gross income from last year to verify your identity.

Our latest edition of Tax Breaks. Summing up 2024 and looking ahead in 2025, tax preparation, filing for an extension, refund ...

The IRS has officially announced the beginning of the 2025 tax filing season: The agency will begin accepting 2024 federal ...