Taxation · 03/06/2025

This article explains how to confirm the status of your tax e-filing, emphasizing the importance of entering your Adjusted Gross Income (AGI) from the previous year and your self-selected PIN. It also provides practical advice on how to locate your AGI.

Taxation · 07/23/2025

This article provides a detailed analysis of the conditions and filing requirements for dependents, highlighting the different criteria for qualifying children and qualifying relatives. It aims to assist taxpayers in accurately reporting their dependents to obtain tax benefits, thereby enhancing their household financial management skills.

Finance · 07/23/2025

This article provides a comprehensive overview of financial management for living in the United States. It offers practical guidance for new immigrants on topics such as opening bank accounts, budgeting, and tax filing, helping them better adapt to and integrate into the American economic environment.

Taxation · 07/25/2025

The Modernized e-File (MeF) project offers efficient and convenient e-filing channels for various taxpayers, aiming to reduce human errors and paper usage while ensuring compliance in tax reporting. This article explores the main features of the project and its significance for software developers.

Taxation · 07/25/2025

This article provides information on how to apply for the 2020 Economic Impact Payment, including eligibility requirements, application steps, and suggestions for recovering the rebate credit. Regardless of whether you received the payment, you can access the funds you deserve by filing your tax return.

Taxation · 08/13/2025

This article discusses options for personal bankruptcy, particularly strategies for coping when federal tax debts are unmanageable. It emphasizes the eligibility criteria and considerations for filing Chapter 13 bankruptcy, advising applicants to adhere to IRS requirements and consider professional support for achieving financial reconstruction.

Taxation · 07/16/2025

The IRS has announced tax assistance for residents of New Mexico affected by natural disasters, extending the filing deadlines to February 2, 2026, and May 1, 2025. The IRS will also host community assistance events in Gallup to support the financial recovery of those impacted.

Lawyers · 08/06/2025

Investment immigrants must file a petition to remove conditions within 90 days before the expiration of their conditional green card to avoid status termination. Even in the event of death during the holding period, family members can apply to remove the conditions. It is crucial to act promptly to maintain permanent resident status.

Taxation · 07/23/2025

This article explores how to report forgiven property debt due to foreclosure, repossession, or cancellation, guiding readers in preparing necessary information such as tax filing status and Form 1099-C to ensure compliance and accuracy. It particularly focuses on discussing individual circumstances and providing consulting advice.

Taxation · 06/25/2025

The IRS announced that residents and businesses in Missouri affected by severe storms can benefit from tax relief, with filing and payment deadlines extended to November 3, 2025. This policy applies to both individual and business taxes, helping to alleviate the economic burden following the disaster.

Taxation · 08/01/2025

This article provides a detailed overview of the regulations regarding tax filing penalties for 2025, including the mechanisms for late penalties, methods to avoid penalties, and how to handle penalty notifications. It emphasizes the importance for taxpayers to submit their filings on time to prevent economic losses.

Taxation · 04/05/2024

Statistics from the 2024 tax season show a slight increase in the number of personal tax returns received and a rise in electronic filings. However, the number of processed returns and refunds is on the decline. The increase in total refund amounts and the average refund reflects that taxpayers' financial health remains robust. Notably, the significant growth in online access indicates that more taxpayers are utilizing digital channels for filing their taxes.

Taxation · 07/23/2025

This article outlines various methods to quickly check the status of tax refunds, including updates available 24 hours after e-filing and a four-week wait for paper filings. It offers required information and suggestions for using the IRS website and mobile app to facilitate the inquiry process.

Taxation · 02/07/2025

This article provides a detailed explanation of the electronic receipt of W-2 forms and remedial measures. It covers the necessary requirements, employer responsibilities, and handling procedures for situations involving errors or missing forms. The aim is to help taxpayers understand these aspects to successfully complete their tax filing.

Taxation · 07/17/2025

In the United States, residents must be aware of various taxes beyond income tax, including sales tax, property tax, estate tax, gift tax, hotel tax, and excise tax on alcohol and tobacco. Each type of tax has different assessment standards and implications. Understanding these tax-related concepts is crucial for effectively planning personal finances.