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Child tax credit could change — but don't wait to file taxes, IRS says

The child tax credit could change for 2023 filings via the bipartisan tax bill. But taxpayers shouldn't wait to file returns, according to the IRS.

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Here are key items for taxpayers to consider before filing a tax return

Tax season officially opens on Jan. 29. Here are three key things taxpayers need to know for 2023 tax returns, according to experts.

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Here's what to know about the free IRS Direct File tax filing program

Some taxpayers will soon qualify for Direct File, a free tax-filing platform from the IRS. Here's what taxpayers can expect this season.

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Jamie Dimon: Improving earned income tax credit is a 'no brainer'

The earned income tax credit provides money to low and moderate income workers. But the support could be expanded, JPMorgan Chase CEO Jamie Dimon says.

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$649k paid in Individual Tax Refunds

An update from the Department of Revenue and Taxation (DRT) and Department of Administration (DOA) states 103 Individual Tax Refunds totaling $679,748.21 have been processed and mailed checks or paid

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How the proposed child tax credit changes could affect 2023 taxes

The $78 billion bipartisan tax package includes temporary child tax credit changes that could affect millions of families filing 2023 taxes.

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IRS unveils plan to redesign and simplify taxpayer notices

The IRS has unveiled its "Simple Notice Initiative" to clarify millions of letters received by taxpayers every year. Here's what to expect from the program.

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2024 tax refunds could be larger than last year due to new IRS brackets.

One way to check your refund is to plug in your income and other data into a 2024 tax refund calculator, which is offered by tax prep companies.

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FTC bans 'deceptive advertising' for free filing from TurboTax

The Federal Trade Commission has cracked down on "deceptive advertising" from Intuit, maker of tax filing software TurboTax. Here's what taxpayers need to know.

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