Taxes
IRS Refund Race Is On As Free File Option Goes Live
The IRS Free File system allows taxpayers with an adjusted gross income of $79,000 or less to file a federal tax return for free.
IRS Has Collected $360 Million More From Wealthy Tax Cheats
Nearly half a billion dollars in back taxes from rich tax cheats has now been recouped, according to IRS officials.
Chief Tax Writers Working to Broaden Appeal of Tentative $70 Billion Package
Concerns from lawmakers run the gamut about what's in the emerging tax pact—and what's been left out.
Hunter Biden Pleads Not Guilty in L.A. on Federal Tax Charges
Hunter Biden was indicted last month in California on nine tax offenses, including failing to pay his taxes on time from 2016 to 2019.
Government Shutdown Could Cause Havoc for Tax Season
According to IRS Commissioner Danny Werfel, the agency could still maintain some operations, depending on the length of a government shutdown.
Intuit Integrates Its TurboTax System into Credit Karma and QuickBooks Online
Intuit has integrated TurboTax into Credit Karma and QuickBooks Online, allowing customers to prepare and file their 2023 taxes within those programs' interfaces.
Estate Planning: The Basics of a Special Needs Trust
A special needs trust is an irrevocable trust that supplements public assistance benefits available to a disabled child. Assets and income can be used to pay for items like travel, education, recreation, rehabilitation and medical expenses that aren’t covered by public assistance.
Colorado’s TABOR Refunds Won’t Be Taxed By the IRS
According to two elected officials, Coloradans won't have to pay federal income taxes on their state refunds this filing season.