Page 17 - Mark Steber News Today

New legislation is packed with tax breaks for homeowners who upgrade to energy-efficient systems and appliances. Bonus: You’ll slash your utility bills.

With no last-minute changes, a more effective IRS, and a more reasonable schedule, tax pros heralded a return to normalcy.

/PRNewswire/ -- According to latest data released by the IRS on Friday, April 21, 2023, more than five million taxpayers didnt file their federal income taxes...

After years of unsatisfactory performance, the tax agency is finally making significant strides — no, really.

168 million Americans are expected to file individual returns this year, representing everyone from young workers to retirees.As of April 7, about 101 million taxpayers had already filed, which means about 67 million Americans are waiting until the last few weeks to send in their returns.

The IRS received a tad fewer tax returns through early April than it did for the same time last year. Why? Do some owe money?

Most taxpayers can extend that deadline to Oct. 15, with a catch.

The deadline to file your 2022 taxes is fast approaching. Filers have until midnight on Tuesday, April 18, to file their taxes or to file for an extension with the IRS.

The Internal Revenue Service has delivered roughly 69 million tax refunds so far this year, but many taxpayers could be disappointed by the smaller amount.

Steber said while all these alternatives serve as a great option, the best is to plan ahead.