IRA custodians are required to issue IRS Form 5498 by May 31 to report certain IRA activity for the previous year. You might receive a Form 5498 for 2023 if you had reportable deposits for your IRA, ...

Tax season is in full swing and the last thing you want is to file an incorrect return and wait through delays or worse — a rejected return. The IRS has pointed out the most common errors taxpayers ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...

As small business owners and startup founders in Denver, Colorado, navigating the tax landscape can feel daunting, especially when you consider the intricacies of the Internal Revenue Service (IRS).

Tax season is almost at an end, with payments and returns due on April 15. Making sure you file an accurate and complete tax return is essential to making sure you don't suffer any penalties and get ...

WASHINGTON – With tax filing season in full swing, there are some common mistakes taxpayers often make that can cause their refund to be delayed or even rejected. “Knowing what to lookout for can help ...

If you don't know the difference between a W-2 and a W-4 or a 1040 and a 1099, you're not alone. Everyone needs to understand how every IRS tax form is used and when to use them. There are many forms ...

Tax preparers never make mistakes filing returns, of course, but out of professional curiosity the question arises: What are the most common goofs on returns? The Internal Revenue Service has compiled ...

The Child Tax Credit (CTC) is a valuable benefit for families in the United States, designed to provide financial support for raising children. It allows eligible taxpayers to reduce their federal ...