Federal Tax Returns
How Long to Keep Your Tax Forms
If you’re like most Americans, then the fact that you’re keeping your old tax forms is incidental because they’re just a part of the towering…
About Paying Taxes on Your Winnings From Gambling
Gambling winnings are fully taxable and must be reported on your tax return. However, there are a few key differences on how you might have…
The Consequences of Filing Taxes Late
Filing your tax return late is not going to put you on the IRS’s good side, and they could penalize you with both late-filing penalties…
Your Tax Return Is Still Being Processed: What Does It Mean?
Your tax return is still being processed, so does the online tool reads. It’s the stuff of nightmares for many. You check the IRS’s "Where’s…
Earned Income Tax Credit (EITC): How To Qualify & File
Overview of the Earned Income Tax Credit (EITC) The Earned Income Tax Credit (EITC), also known as the Earned Income Credit (EIC), was established in…
How Are Cryptocurrencies Taxed? When You Pay Taxes on Bitcoin, What’s Your Taxable Income?
And you thought e-filing your taxes was the hottest, new-fangled doodad the IRS tracked. When it comes to cryptocurrency taxes, the Internal Revenue Service treats…
Worried About a Low Tax Return? Real Ways to Get the Biggest Refund from the IRS
That moment when you figure out Uncle Sam owes you money instead. When tax season rolls around, many people eagerly await their tax refund check…
When You’re Filling out Your W-4, How Many Exemptions and Allowances Should You Claim?
Withhold taxes now or owe taxes next April? [insert superhero tough decision meme] When filling out your W-4 form, it's important to carefully consider how…
