Every filing season carries with it the very real risk of exposure to professional liability claims against preparers. For years, insurance pros have advised that tax practice generates the most ...

Taxes. Even the most organized of individuals feel shivers when they hear the word. However, if you have the proper knowledge and guidance, you can navigate the complexities of tax planning smoothly ...

The tax code allows you to subtract the year’s standard deduction from your adjusted gross income. You have a choice between using the standard deduction and using itemized deductions. If itemizing ...

Tax refunds typically arrive within 21 days of when you file your individual tax return. One reason ... More it may take longer: if you made a mistake calculating your recovery rebate credit.

The break is the result of a compromise between Democrats and Republicans. As Americans file their tax returns for 2020 -- a year riddled with job insecurity -- millions who relied on unemployment ...

Typically, the IRS doesn’t have to chase taxpayers to claim a refund. As soon as the filing season opens, millions of Americans submit their 1040s to collect what they’re owed. As of March 15, the ...

After more than three months since the IRS last sent adjustments on 2020 tax returns, the agency finally issued 430,000 refunds on Monday to those who qualify for the unemployment tax break. In total, ...

If unemployment benefits put you in a hole on your 2020 tax return, you now have a better chance of getting a tax refund. The American Rescue Plan Act of 2021 has saved the tax season for millions of ...

(CNN) - The Internal Revenue Service said the deadline to claim the more than $1 billion in tax refunds from 2020 is about to expire. May 17 is the deadline for people who failed to file their 2020 ...

Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, finance, sports and video games since working for @Home Network and Excite in the 1990s. Peter managed ...