The IRS can reduce your tax refund if you owe for certain debts
If you have jointly filed your tax return, you may be able to limit how much of the joint refund is reduced. The IRS says that if “you’re not responsible for debt that is subject to offset because it is owed by your spouse, you’re entitled to request your portion of the refund back from the IRS.”
Two House Republicans and two House Democrats are teaming up on a bill that would expand the child tax credit to $6,000.
If the IRS owes you a tax refund, it should come within 3 weeks of filing. And in a change, 25 states are now participating ...
The future of federal taxes and the IRS is unclear for many reasons under the second administration of President Donald Trump ...
During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those ...
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Income Tax: Will you not get refund if you file ITR late in the new Income Tax bill? Know the whole truth..Ever since the new Income Tax Bill was introduced in the Lok Sabha, taxpayers have been scared. There is a fear in their mind ...
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