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With the recent tax season behind us, the IRS is encouraging taxpayers to reassess their tax withholding. This proactive step ...
By checking tax withholding, individuals can prevent having to owe additional money and any potential penalties at tax time.
The Internal Revenue Service (IRS) is urging taxpayers to review their federal tax withholding early to avoid any surprises ...
The IRS emphasizes that its first form of contact is almost always through official mail sent via the U.S. Postal Service not electronic messages. For more information on how to recognize and ...
The letter I got from the IRS — on my birthday, no less — was one of those moments. "Your tax return does not match the information we have on file," the three-page letter began in large bold ...
The IRS Tax Withholding Estimator is a free online tool that ... After using the Tax Withholding Estimator, taxpayers can determine if they need to submit an updated Form W-4, Employee’s Withholding ...
The IRS recently said more than $1 billion in refunds were still unclaimed due to individuals who had not filed their 2021 ...
Those interested in filing an extension for federal taxes can use IRS form 486, though it is recommended to file your extension electronically. The IRS has long been notorious for not keeping on ...
The Trump administration plans to eliminate the IRS' Direct File program, an electronic system for filing tax returns directly to the agency for free, according to two people familiar with the ...
For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of 1909 excused nonprofits operating “exclusively for religious, charitable, or ...
"There is just one form and it is simple, but there's one form for the IRS and one form for the state your filing in," said Snyder. Despite the simplicity of using one form each to file for an ...