IRS tax alert: The 2023 tax deadline is extended for most California taxpayers
CBS News· 6 days agoIf you live in California, you might qualify for an extension. The IRS is offering California...
What Is the Standard Deduction for People Over 65 in 2023?
GOBankingRates via Yahoo Finance· 1 day agoWhen former President Donald Trump overhauled the U.S. tax code in Dec. 2017, new income brackets...
Most Americans Take the Standard Deduction for Taxes, but Should You Itemize?
CNET· 6 days agoThis story is part of Taxes 2023, CNET's coverage of the best tax software, tax tips and everything...
What are the IRS tax brackets? What are the new federal tax brackets for 2023? Answers here
USA TODAY via Yahoo Finance· 2 weeks agoYou may also want to run the numbers on taking the standard deduction instead of itemized deductions since it could put you in a lower ...
What Happens If You File Your Taxes Late—And How to Avoid Big Penalties
The Wall Street Journal· 10 hours agoThe Internal Revenue Service frowns on both, but penalties are most severe if you owe taxes. Failing...
Taxes 2023: Which Credits and Deductions Apply to You?
GOBankingRates via Yahoo Finance· 1 week agoTax credits and deductions were already confusing many of us before all of this year's substantial...
What's the Difference Between Tax Credits and Tax Deductions?
US News & World Report· 2 weeks agoIt's possible you could benefit from tax deductions and credits when you prepare your tax return....
These Tax Credits and Deductions Can Increase Your Tax Return — A Lot
Woman's World via Yahoo News· 7 days agoThis credit is worth up to $2,000 per tax return for the costs of tuition and education expenses for...
How Much Money Can I Gift Without Owing Taxes?
SmartAsset via Yahoo Finance· 3 days agoFor 2023, the annual gift tax exemption is $17,000, up from $16,000 in 2022. This means you can give up to $17,000 to as many people as you want in 2023...
Tax expert: Temporary breaks related to COVID-19 expire and will impact 2022 returns
Savannah Morning News via Yahoo News· 2 weeks agoKeep in mind that if you own money, you’re going to need to send any payment with your extension. As...
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