The bill signed into law by President Joe Biden increased the Child Tax Credit from $2,000 to up to $3,600 and allowed families the option to receive 50% of their 2021 child tax credit in the form of monthly payments from July 15 to Dec. 15.
This advance windfall could help many families, but it’s only scheduled to last until the end of 2021. Could the payments continue into 2022?
The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth...
The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end...
It’s tax-filing season, and whether you go to an accountant or use online tax software, filing a return can be expensive. But there are free options....
Iowa will move to a 3.9% flat income tax rate under a compromise between legislative Republicans and Gov. Kim Reynolds that paves the way for passage of the massive...
Identity thieves are targeting tax professionals with "spearphishing" emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news...
