certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance ...
Thankfully, tax credits and tax deductions can reduce your tax bill and ease the frustration of owing too much money to the IRS. Here are some common IRS tax deductions and credits. Whether you ...
Estimates from the IRS reveal a gross tax gap of $688 billion between 2020 and 2021 (its most recent estimate). The tax gap is the spread between what the government thinks it should be collecting ...
The IRS is stepping up oversight as bitcoin surges near $100,000. Tax audits and criminal cases are happening more often, and new rules starting next year mean the IRS will know even more about your ...
The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related savings ...