12 Financial Moves You Should Make This Spring 12 Financial Moves You Should Make This Spring 1. Revisit your resolutions Many of us set New Year’s resolutions around spending and saving, but fewer of us followed through on them. Spring is the perfect time to see if you’re making any progress. Consider your financial goals, … Read more
Inheritance tax, also known as “death” tax, applies to assets that other people inherit when you die. According to the IRSis a tax “on your right to transfer assets at the time of your death.” In 2024, the federal estate tax will range from 18% to 40%, depending on how much the value of the … Read more
What you need to know The Internal Revenue Service (IRS) announced special hours for 4 Saturdays at specific Taxpayer Assistance Centers (TAC) throughout the country, including the tri-state area. This is part of the agency’s effort to improve service during tax season. Taxpayers will be able to go to these centers without the need for … Read more
The Internal Revenue Service (IRS) is rolling out its free electronic tax filing system in 12 states, including New York, ahead of the 2023 tax filing season. According to the agencythe internal filing system will first be available in 12 states while it undergoes final testing before expanding nationwide at a later date. “As our … Read more
The Internal Revenue Service (IRS) is rolling out its free electronic tax filing system in 12 states, including New York, ahead of the 2023 tax filing season. According to the agencythe internal filing system will first be available in 12 states while it undergoes final testing before expanding nationwide at a later date. “As our … Read more
NEW YORK – The deadline to file the tax return, both federal and state, is this Tuesday, April 18. However, those taxpayers who cannot declare them before this day can request more time by filling out a formif they want the federal extension, which will give them until October 16 to present them. For state … Read more
NEW YORK — This week, New York City Mayor Eric Adams issued a reminder to New Yorkers to remember to file their taxes as the city and the nation enter the final week of the New York tax season. 2023. In 2022, Mayor Adams made a successful effort in Albany to expand and improve the … Read more
NEW YORK — The IRS advises taxpayers to wait to file their tax returns for 2022 if they received a refund or special tax payment from their state last year. Last year, 19 states – including New York, California, Florida and Illinois – offered various programs that offered inflation relief payments or taxpayer refunds. He … Read more
During tax season, different questions can arise about how to file taxes, the documents that should be considered and other doubts. For this reason, the Internal Revenue Service (IRS) will begin to offer a special Saturday schedule in the next four months at Taxpayer Assistance Centers (TACs) throughout the country. Taxpayers may go to these … Read more
Nothing more frustrating than waiting for your refund and tax credit payments for weeks, even months, only to discover that the money is missing or stolen. The most pressing question for taxpayers in these cases is whether they can get their checks replaced and how to track the money. You can always check the status … Read more