In a controversial move, the Trump administration is shifting IRS criminal investigators away from tax enforcement and into immigration operations, a decision that has sparked intense debate in Washington. The proposal, led by Homeland Security Secretary Kristi Noem, seeks to use IRS agents to assist Immigration and Customs Enforcement (ICE) in tracking financial crimes linked…
Families and caregivers could be in for a big tax break in 2025, as the IRS is offering up to $8,000 in tax credits to help cover childcare and dependent care expenses. The Child and Dependent Care Credit is designed to provide financial relief to parents and caregivers who pay for child or dependent care…
Many Americans are set to receive a $1,300 stimulus checks in 2025, but not everyone will qualify. The IRS has confirmed that these payments will go out automatically to eligible taxpayers, specifically those who missed out on the 2021 Recovery Rebate Credit. The IRS is making efforts to ensure that individuals who were entitled to…
Tax season is officially underway, and millions of Americans are eager to know when they will receive their refunds. The IRS began accepting tax returns on January 27, 2025, and most taxpayers can expect to receive their money within a few weeks—depending on how and when they file. With the April 15, 2025 deadline approaching,…
As tax season is in full swing, the Internal Revenue Service (IRS) has issued an urgent warning about a new scam targeting Americans with fake promises of a $1,400 stimulus payment. Scammers are sending fraudulent text messages, tricking people into giving away personal and financial information. How Does the Scam Work? The scam starts with…
The IRS has announced that final $1,400 stimulus checks are on their way to over one million eligible Americans. If you missed out on earlier rounds of stimulus payments, this could be your last chance to claim the funds through the Recovery Rebate Credit. Here’s what you need to know about eligibility and how to…
With tax season in full swing, many Americans are wondering when their refunds will arrive. If you’ve already e-filed your tax return or plan to do so soon, the IRS has a timeline you can follow to estimate when the money will hit your bank account. Here’s a closer look at the refund process, potential…
The 2025 tax filing season is officially underway, with the IRS now accepting and processing 2024 tax returns as of January 27. Millions of taxpayers can begin filing to ensure their refunds arrive as quickly as possible. Here’s what you need to know about key deadlines, filing options, and tips for a smooth filing experience…
The IRS has officially announced the federal income tax brackets and updated deductions for 2025, bringing changes that could impact your tax bill. These updates include inflation adjustments and higher standard deductions, which means some taxpayers could see lower taxable income. Here’s a breakdown of the changes and how they may affect you. New Federal…
Filing your taxes doesn’t have to cost you a dime. Thanks to the IRS Free File program, millions of Americans with an Adjusted Gross Income (AGI) of $84,000 or less can prepare and submit their federal tax returns for free. The IRS recently announced the return of this program for the 2024 tax season, providing…