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You Filed an Amended Tax Return? Here’s Why You Still Haven’t Heard Back from the IRS
Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...
Don't expect a speedy tax refund in 2026 from an understaffed IRS
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
Child Tax Credit in the Big Beautiful Bill: How Much Will This Tax Refund Increase?
The US Congress has recently passed the ambitious tax package known as "The One, Big, Beautiful Bill", a proposal pushed by ...
Journal of Accountancy1d
Tax provisions in the One Big Beautiful Bill Act
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
How does no tax on tips work and what it means for Delaware workers; what to know now
A full-time Delaware restaurant worker earning $40,000 base salary and $20,000 in tips could deduct all of their tips. If ...
Do you really need an accountant to do your tax return?
If no one has done so yet, let me be the first to wish you a happy end of financial year, a day I’m sure you’ve been counting ...
Liz Weston: My mother died 10 years ago, and I never filed her last tax return. Should I do it now?
Answer: If you still have access to her paperwork, you can review her bank statements to see if there is any indication her ...
CT man accused of false tax returns claiming IRS owed him $6.2M; scheming to defraud state agency
The Tolland man has been charged with tax and fraud offenses after he allegedly created fake trusts in order to obtain ...