How parents can gain from two child credits this tax season
Maskot | Maskot | Getty Images The cost to raise a child has become expensive for parents in the U.S. As tax season approaches, it’s smart to pay attention to …
National taxes
House Republicans reintroduce bill to repeal ‘death tax’
Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing into U.S. President Joe Biden on Sept. 28, 2023. Jonathan Ernst | Reuters House Republicans …
Here’s how a government shutdown could affect the IRS this tax season
Internal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS on April 4, 2023 in Washington, DC. (Photo by Bonnie Cash/Getty Images) Bonnie Cash | Getty …
Bipartisan tax deal could boost child tax credit for 2023
How much the credit could be worth for families While less generous than the enhanced child tax credit enacted during the Covid-19 pandemic, the changes would boost the maximum refundable …
The fourth quarter estimated tax deadline is Jan. 16
Westend61 | Westend61 | Getty Images The fourth-quarter estimated tax deadline is Jan. 16, and you could have a surprise bill or owe a penalty if you don’t send a …
Here are the best options for short-term savings in 2024, experts say
Boy_anupong | Moment | Getty Images After higher yields in 2023, investors are bracing for interest rate cuts that could put a damper on shorter-term savings. Federal Reserve officials expect …
IRS 2024 tax bracket changes may make your paycheck slightly bigger
Ryanjlane | E+ | Getty Images As the new year kicks off, some workers could see a slightly bigger paycheck due to tax bracket changes from the IRS. The IRS …
You can still lower your 2023 tax bill with these last-minute moves
The year-end is quickly approaching, but there’s still a chance to reduce your 2023 tax bill or boost your refund with some last-minute moves, experts say. Dec. 31 is the …
Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty Images Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit — but Uncle Sam may pay some back …
4 must-know changes for your 2023 taxes
Artistgndphotography | E+ | Getty Images 1. Tax brackets got wider When comparing tax year 2022 to 2023, there was a big adjustment to the federal income tax brackets, according …