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Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate interface, but FreeTaxUSA supports more schedules, including itemized deductions, income from investments and HSA contributions. (Only federal filing is free, however. State returns with FreeTaxUsa are $14.99 each.)
Tax season officially begins today, Monday, Jan. 26. We hope you're ready, because there are a lot of changes, especially if you want to take advantage of several new tax deductions.
The standard deduction and SALT cap are both higher and there are new perks for seniors, those who financed new cars and workers making tips or overtime
For taxpayers expecting a refund that averages about $3,000, filing early can mean getting that money back sooner.
IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.
If you want your tax refund fast, the IRS says that the formula is simple: file electronically, choose direct deposit, and double-check to avoid mistakes. Of course, not everyone is getting a refund.
The IRS said it expects 164 million individual tax returns to be filed.
You could wind up paying a hefty penalty if you don't file your income taxes in time. Here's non-filing tax penalty this year.
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Turbo Tax issue prevents filing of NY State returns
(WETM) – If you use Intuit “Turbo Tax” to file your New York State tax return, you know that it can’t be filed right now. That’s because TurboTax needs a patch to accurately calculate NY taxes after last year’s “Inflation Refund” checks issued by the state.