IRS tax refund April 2025: Who will get back their deposit this month? Schedule here
- Taxpayers requesting an extension by April 15, 2025, have until October 15, 2025, to file. However, if they file in April ...
What’s the Difference Between a Tax Credit and a Tax Deduction?
As you file federal taxes, deductions and credits can help lower your tax bill — but they do so differently. Deductions reduce your taxable income by allowing you to subtract certain expenses ...
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Tax Credits vs. Deductions: How They're Different and What They'll Do for You
Most of the time, you'll probably find that any given tax credit is "nonrefundable," meaning that it can only decrease your ...
IRS fixes EV tax credit glitch for 2024 as dealerships tackle portal problems
The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last year to fix tax troubles.
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Don't forget the EITC when you ask the IRS for a refund
The IRS has announced that over 1.1 million taxpayers have unclaimed refunds from the 2021 fiscal year. With an average ...
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IRS Celebrates 50 Years of Earned Income Tax Credit
The IRS marks 50 years of the Earned Income Tax Credit, which helps millions of working families. Learn how to qualify and claim it.