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Don't wait to file your tax return. Officials predict a number of services could be delayed because of issues related to the pandemic and budget constraints. The tax filing deadline this year is April 18.
Starting Jan. 1, mobile money apps like Venmo, PayPal and Cash App must report annual commercial transactions of $600 or more to the Internal Revenue Service.
You can get a maximum annual credit of $2,500 per eligible student.
Through the end of this year, you can take a deduction of up to $600 on your 2021 taxes, even if you don’t itemize.
There are seven federal income tax brackets. Here's what they are, how they work, and how they affect you.