California taxpayers would get $400 to offset gas price surge under new proposal
California Democrats have unveiled a new proposal that would send a $400 rebate to every taxpayer in the state to help offset the financial pain of surging gasoline prices.
IRS chief Chuck Rettig expects tax return backlog to clear up by end of 2022
The IRS is wading through an unprecedented backlog of unprocessed tax returns, but the head of the tax-collecting agency told Congress on Thursday that he expects the government to clear out the pileup by the end of the year.
The 5 biggest tax breaks for parents in 2022
No matter how much you spend raising your children, the government does give you a break of sorts by offering credits and deductions at tax time. Here are some of the biggest.
How will Amazon's stock split impact my tax returns?
A stock split will increase the number of Amazon shares in your account, but are there tax consequences?
3 things to know when filing taxes for your side hustle
Worked a side gig last year? Here's how to tackle your tax return.
4 reasons to get tax help this year
Hiring a tax preparer could work to your benefit.
Republicans urge Newsom to suspend California gas tax as prices skyrocket
The California tax is used to fund roads and other infrastructure projects; the state's Legislative Analyst's Office projected the tax will generate about $8.8 billion in revenue during the 2021-22 fiscal year.
6 reasons you might want to file taxes early this year
If you're counting on a tax refund, the earlier you file, the earlier you'll have the money you need.
'Work from home' provides no tax benefits, but 'creator economy' leading to home-run businesses booms: experts
The only way to receive tax breaks in a work from home setup is if an individual runs the business out of their home and can prove dedicated work-use for purchases.
IRS on hiring blitz as tax return backlog swells
The Internal Revenue Service plans to hire 5,000 more workers during tax season as returns pile up.
How to offset college costs with education tax credits
Education tax credits help offset the cost of higher education by reducing the amount of tax you owe to the IRS. Learn more.
Taking Care of Taxes for the Self Employed
Tips for first time self-employed filers
Virginia Gov. Youngkin pushes gas tax holiday as surging prices ‘steal America’s income’
Virginia Gov. Glenn Youngkin joins Georgia's governor in suspending their respective states' gas tax.
Inflation, Biden policy ‘steals America’s income’: Gov. Youngkin
Virginia Gov. Glenn Youngkin says the Biden administration has sapped the US’ greatest advantage: energy independence.
Gas prices: Newsom proposes California tax rebate for drivers facing highest costs in nation
California Gov. Gavin Newsom proposed giving state residents some relief in the form of a tax rebate, as rising energy costs have led to the Golden State having the highest gas prices in the nation.
Biden calls for child care cost-cutting, extending CTC payments during State of the Union address
At his State of the Union address on March 1, President Joe Biden called for extending Child Tax Credit payments and reducing child care costs.
IRS to offer Taxpayer Assistance Centers on Saturday
The Internal Revue Service is offering walk-in services at more than 30 Taxpayer Assistance Centers this Saturday.
IRS to hire 10,000 workers to help with tax return backlog
The IRS is taking steps to relieve the backlog of tax returns.
Kevin McCarthy: Biden has no solutions to the problems he created
House Minority leader reacts to the president's State of the Union address on 'Kudlow.'
IRS says certain taxpayers can expect a refund by March 1
The IRS says most taxpayers that claimed either the Earned Income Tax Credit or Additional Child Tax Credit should receive their refund by March 1.