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Some folks don’t file taxes simply because they don’t earn enough, but they could be missing out on a significant tax refund.
As a state tax and budget nerd, I celebrate a few different holidays each year. I get giddy at Michigan’s twice-a-year Consensus Revenue Estimating Conference, and I regularly share “Happy New Year” ...
Every year, millions of Americans miss out on tax refunds they are entitled to, often without realizing it. The IRS holds ...
During tax season, many eagerly await their refunds, but those claiming the Additional Child Tax Credit (ACTC) and Earned ...
Tax credits are subtracted directly from the tax you owe, helping you cut down your overall tax bill. Tax deductions also ...
Did you know the IRS might owe you money from past years? Many Americans miss out on unclaimed refunds simply because they ...
For 2021, the EITC alone could be worth as much as $6,728 for qualifying low- to moderate-income workers with children. "There's no penalty for filing late when you're owed a refund," the IRS said.
Tax season often brings anticipation for refunds, but certain tax credits can extend the wait. While the Additional Child Tax ...
Time is running out, but if you haven’t filed your 2021 tax return, you may still be eligible to receive a refund. The ...
including the Child Tax Credit (CTC) and the Earned Income Tax Credit (EITC). These expansions resulted in larger refunds for many taxpayers. However, as of 2023, these benefits reverted to their ...
The Internal Revenue Service (IRS) has issued new guidance on when to expect those payments, particularly for those who claimed the Earned Income Tax Credit (EITC) or Additional Child Tax Credit ...