Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...

The IRS launched its Direct File pilot in 12 U.S. states in March 2024, which has now been expanded to 25 states. It allows taxpayers to submit simple tax returns directly with the government ...

The IRS on average processes about 140 million tax returns a year and issues refunds averaging around $3,100 apiece. The site said that the IRS has yet to express any concerns about potential ...

Employers must comply with the IRS, and the amount of your garnishment will depend on the unpaid debt. Potential penalties and fees A failure-to-file penalty is 5% of the unpaid tax obligation for ...

Tax season isn't anyone's favorite time of the year, but you can make the process less painful with the right tax software. The best programs have free and paid tiers, offer robust live and AI ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

Third party payment apps are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how much ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...