It's important to understand what a tax extension does and doesn't do or you could end up making costly mistakes.

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

Tax season is underway. If you filed immediately, there’s a good chance your federal tax refund will hit your bank account ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Here are some things to consider before using your tax refund ... not work for you,” Paulson says. If you’re close to paying off a lower-rate debt, and wiping it out with your refund would bring you ...

All tax pros must have what’s called a Preparer Tax Identification Number. Hire someone you can contact throughout the year, ...

or having a tax preparer or accountant do the work. In addition, the IRS offers some no-cost or low-cost options. Efiling your federal tax return means your refund should arrive 24 hours after you ...

The IRS provides tax credits for a wide range of expenses you pay during the tax year but the rules can be complicated. Find ...

President Donald Trump has issued a slew of executive orders (EO) since beginning his second term, including one that may have an impact on your tax refund ... Americans can do at the moment ...

Pensioners and employees who have issues with their tax could be at risk of receiving a letter from HM Revenue and Customs ...

So, what are your changes of being audited? Regardless of income, your chances of being audited are pretty slim. Of the ...