The end of the 2024 tax season offers a brief respite, but tax season will be upon us again soon enough. While most people adjust and gather the necessary paperwork without issue, others may find themselves scrambling to locate vital documents. This can lead to added stress and potentially extra costs. To avoid this, it’s … Read more
Although millions of American taxpayers have already filed their 2023 tax returns in 2024, thousands have not yet done so. For those who requested an extension, the IRS has set a crucial deadline. Even though the initial deadline was April 15, an extension only postpones the filing date, not the payment date. Taxes owed should … Read more
Exciting news for US taxpayers! The IRS has announced a new Independence Day Bonus stimulus payment, set to provide additional financial support to eligible individuals and households. This article will cover the payment date, amount, eligibility, and how you can claim your bonus. Independence Day Bonus During the COVID-19 pandemic in 2021, the IRS initiated … Read more