Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...

And there are some good reasons to file your tax return electronically instead of mailing in a paper form: You’ll get your refund sooner by filing online. A lot sooner. The IRS says that if you file ...

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump in his first term on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017 ...

If you halve already filed your 2024 tax returns with the Internal Revenue Service, you’re probably hoping for a fast refund. Here's when you can expect your tax return refund. According to the ...

Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What taxpayers need to know, though, is that ...

The IRS kicked off the tax season on Monday, Jan. 27, allowing taxpayers to begin filing their 2024 tax returns. Its free Direct File service, which this year will be available to residents in 25 ...

Payment card companies, payment apps and online marketplaces are required to fill out Form 1099-K and send it to the IRS and the applicable taxpayer by January 31. The IRS says that, even if you ...

All the early birds with simple returns can file away. Tax season begins Monday. Even though Congress didn’t make major changes for this year, there are some new wrinkles to be aware of ...

Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone ...