Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

As tax season kicks off, millions of Americans are preparing to file their returns. With the IRS accepting submissions from ...

IRS-certified accounting students from the School of Management will once again provide free tax preparation services to individuals and families with annual income of $67,000 or less.

The state began accepting tax returns Jan. 27, and eligible taxpayers can use a free direct file program this year, the Illinois Department of Revenue reported in a Jan. 15 press release. To be ...

The IRS treats interest earned on money in a savings account as taxable income ... including banks and credit unions, will issue a Form 1099-INT if one of your accounts earned at least $10 in interest ...

Social Security can generate real income. The more you earned during your working life, up to each year's income caps, the ...

See how we rate products and services to help you make smart decisions with your money.Cash App Taxes (formerly Credit Karma ...

TurboTax he 2025 tax season is officially underway, with the IRS now accepting returns. As many Americans prepare to file, ...