While April 15 was the official deadline for filing a 2024 tax return and paying the bulk of one’s estimated bill, Americans can receive an automatic six-month extension — which pushes the filing due date to Oct. 15 for millions of taxpayers. Read more
Officials with the Arkansas Department of Finance and Administration are sounding the alarm about a text scam. Read more
Americans who filed for more time on their 2024 federal tax filings may be wondering if anyone will be around to cash their check when the Oct. 15th extension deadline hits. But fear not, the Internal Revenue Service still wants your money. Read more
A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. Read more
Many gig workers, freelancers and small business owners don’t make their quarterly estimated tax payments, resulting in IRS penalties and interest. With the third-quarter deadline on Sept. 15 approaching, now’s the time to get ahead. Read more
The IRS says it will begin phasing out paper tax refund checks for individual taxpayers at the end of the month. The change, which starts Sept. 30, is a result of an executive order signed by President Donald Trump that mandates all federal payments must transition to electronic methods. Read more
The Internal Revenue Service (IRS) is cautioning taxpayers about a growing wave of scams involving fraudulent “Fresh Start” tax relief offers. Criminals posing as legitimate companies are using phone calls, emails, and online ads to convince individuals they qualify for immediate debt forgiveness – often demanding upfront fees for services that never materialize. Read more
Americans could get some financial relief next year when the IRS adjusts its federal income tax brackets for inflation, a change that could help lower taxes for millions of households. Read more
Scams targeting U.S. smartphone users have reportedly surged, with impersonators posing as federal officials demanding payments. The FBI has warned that criminals have used phone spoofing and false claims, such as frozen Social Security numbers. Read more
When a disaster strikes, you’re thinking about the safety of yourself and your loved ones, sometimes followed by the daunting task of rebuilding your home. Taxes are likely the furthest thing from your mind. But when the dust settles, the government does offer some tax assistance for disaster victims in the form of a casualty…
