As the 2025 tax season kicks off, the IRS may start sending letters to taxpayers eligible for the Child Tax Credit and ignoring these letters could lead to missed opportunities or complications.

The Child Tax Credit (CTC) has been a lifeline for many American families, especially during the COVID-19 pandemic.

According to a press release published to the IRS website, the Earned Income Tax Credit (EITC) is one that seeks to help “American workers and families a financial boost.” The EITC is “one ...

The Internal Revenue Service is reminding tax filers about a key credit worth up to $7,830. The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully ...

IRS no longer accepting checks for $100 million ... Alan Forbes, the chair of the Portsmouth Republican Committee, writes in a letter to the editor that birthright citizenship is ”an ambiguous ...

Among the most significant credits available is the Earned Income Tax Credit (EITC), which can provide eligible filers with up to $7,830 in refundable tax relief. The IRS typically processes tax ...

If a tax payer does not pay their tax bill in full, the IRS will send a "demand for payment" letter. If not paid, a lien will come next that is dated from the date of assessment. This lien becomes ...

Taxpayers have consistently misused a few key tax credits, enough to the point that the IRS released statements on potential scams related to false tax credit claims last year. The Fuel Tax Credit ...

WASHINGTON – The Internal Revenue Service and partners around the nation celebrated the 50th anniversary of the Earned Income Tax Credit (EITC) on Friday with the launch of this year’s Earned ...

IRS’s automatic extension form is #4868.In reviewing it this week I was struck by the following paragraph in the “How to Make Payment” section on page 3: "No checks of $100 million or more accepted.