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  • man-overwhelmed-with-a-help-sign

    Tax Time Guide: Payment Agreement Options Available to Those Who Owe Taxes

    WASHINGTON — Taxpayers can electronically request an extension of time to file. An extension of time to file is not an extension to pay. Taxes are still due by the original due date. Taxpayers can get an automatic extension when making a payment with Direct […]

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    Tax Time Guide: ‘Where’s My Refund?’ Tool Best Way to Check Tax Refund Status

    WASHINGTON — The Internal Revenue Service reminded taxpayers today that while more than 90 percent of federal tax refunds are issued in 21 days or less, some refunds may take longer. Many factors can affect the timing of a refund after the IRS receives the […]

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    IRS, States and Tax Industry Warn of Last-Minute Email Scams

    WASHINGTON – The Internal Revenue Service, state tax agencies and the tax industry today warned both tax professionals and taxpayers of last-minute phishing email scams, especially those requesting last-minute deposit changes for refunds or account updates. As the 2017 tax filing season winds down to […]

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  • Price Leaving Certificate or training

    Check Out Tax Benefits for Higher Education

    Higher education costs paid in 2016 can mean tax savings when taxpayers file their tax returns. If taxpayers, their spouses or their dependents took post-high school coursework last year, they may be eligible for a tax credit or deduction. Here are some facts from the […]

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  • saving_and_retirement

    IRS Offers IRA Tax Tips for the 2016 Tax Year

    Taxpayers often have questions about Individual Retirement Arrangements, or IRAs. Common questions include: When can a person contribute, how does an IRA impact taxes, and what are other common rules. The IRS offers the following tax tips on IRAs: Age Rules. Taxpayers must be under […]

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  • how-to-calculate-tax-credits-448282

    Understanding the Child and Dependent Care Tax Credit

    The IRS urges people not to overlook the Child and Dependent Care Tax Credit. Eligible taxpayers may be able claim it if they paid for someone to care for a child, dependent or spouse last year. Taxpayers can use the IRS Interactive Tax Assistant tool, […]

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    What is the Additional Medicare Tax?

    Some taxpayers may be required to pay an Additional Medicare Tax if their income is over a certain limit. The IRS would like people to know more about this tax. Tax Rate. The Additional Medicare Tax rate is 0.9 percent. Income Subject to Tax. The […]

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  • Stethoscope wrapped around hundred dollar bills

    Medical and Dental Expenses May Impact Your Taxes

    Medical expenses can trim taxes. Keeping good records and knowing what to deduct make all the difference. Here are some tips to help taxpayers know what qualifies as medical and dental expenses: Itemize. Taxpayers can only claim medical expenses that they paid for in 2016 […]

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