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Tag: Income Tax

IRS launches online tool to speed up your coronavirus stimulus check

IRS launches online tool to speed up your coronavirus stimulus check

April 12, 2020 News

The IRS just launched an online tool that allows non-filers to submit their banking information to get a coronavirus stimulus check.The stimulus payme...

Up to 65 Million People Won't Receive a Trump Stimulus Check -- Here's Why

Up to 65 Million People Won't Receive a Trump Stimulus Check -- Here's Why

April 11, 2020 News

What we're witnessing now with regard to the coronavirus disease 2019 (COVID-19) and the global response to mitigate its spread is without precedent. ...

How and When Can Americans Get $1,200 Coronavirus Checks?

How and When Can Americans Get $1,200 Coronavirus Checks?

March 27, 2020 News

Treasury Secretary Steve Mnuchin says payments will be available as soon as three weeks after the bill is passed. Photo: Sarah Silbiger/Getty Images ...

Can You Claim Gambling Losses on Your Taxes?

Can You Claim Gambling Losses on Your Taxes?

March 14, 2020 Business

Gambling losses are indeed tax deductible, but only to the extent of your winnings. Find out more about reporting gambling losses on your tax return.A...

So far, tax refunds are running behind last year's pace

So far, tax refunds are running behind last year's pace

February 22, 2020 Business

The number of tax refunds issued so far this tax season is down almost 5% compared with last year, an indication that many Americans didn’t withhold e...

What Is the Child Tax Credit and How Do You Qualify in 2020?

What Is the Child Tax Credit and How Do You Qualify in 2020?

February 20, 2020 Business

Good news! Your kids might be worth up to $2,000 apiece! Here's how.Author:Eric ReedPublish date:Some of America's most effective social support polic...

Here's The 2020 Income Tax Refund Direct Deposit Dates!

Here's The 2020 Income Tax Refund Direct Deposit Dates!

February 11, 2020 Business

Source: Constantine Johnny / GettyIt’s tax season and if you’re lucky you’re in for a refund! Are you wondering, “When will I get my 2020 income tax r...

The Tax Break the IRS Is Begging You to Take

The Tax Break the IRS Is Begging You to Take

February 1, 2020 Business

Most Americans' goal during tax season is to pay as little tax as possible, and ideally to get a refund that's as large as you can get. Unfortunately,...

Does My Social Security Go on My Tax Return?

Does My Social Security Go on My Tax Return?

January 31, 2020 Business

Nobody likes to pay taxes, but it's especially hard for older Americans to deal with an unexpected tax bill. Given how many people live primarily on f...

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