[ad_1] A funding shortfall may hit Medicare’s hospital insurance fund in less than a decade. Democrats’ proposals call for raising taxes on the wealthy to solve that. Zoran Zeremski |…
Tag: Personal taxes
IRS: Residents of more than a dozen states do not need to report ‘special payments’ for welfare, disaster relief on their federal return
[ad_1] The IRS on Friday issued federal tax guidance for millions of Americans who received state rebates or payments in 2022. The announcement came about a week after the agency…
Tax filing season has kicked off. Here’s how to get a faster refund
[ad_1] Drakula & Co. | Moment | Getty Images How soon to expect a tax refund after filing your return Typically, you will receive a refund within 21 days if…
Despite falling inflation, nearly one-third of Americans will rely on tax refunds, survey finds. Here’s how to get your refund faster
[ad_1] Bill Oxford | E+ | Getty Images Despite falling inflation, many Americans are still struggling financially and will need their annual tax refund to help cover the basics. Some…
Tax season opens for individual filers on Jan. 23, says IRS
[ad_1] It’s official: The tax season kicks off for individual filers on Jan. 23, the IRS announced on Thursday. For most taxpayers, you must file your federal return and pay…
Mega Millions jackpot jumps to $1.35 billion for the next drawing. Here’s the tax bill if there’s a winner
[ad_1] Scott Olson | Getty Images You may face long odds of hitting the Mega Millions jackpot — now worth $1.35 billion — but the taxman is always guaranteed a…
‘Don’t wait until March’ to hire a tax pro, says advisor — 3 moves to make before the 2023 tax filing season opens
[ad_1] mediaphotos | E+ | Getty Images Enlist tax prep help One of the first things to consider: Will you be filing your own taxes this year or tapping an…