Have you heard of forosphobia? I hadn’t either, even though I had it (and still do). It refers to the fear of taxes and the IRS — a feeling I’m sure many new and seasoned freelancers alike can relate to. Embarking on a self-employment journey is an exciting venture, but the intricacies of filing taxes … Read more
While tax season has just started, you may be thinking about holding off on getting your taxes filed until closer to the April 15 deadline. But if you forget to set a reminder and don’t submit your taxes on time, you could face some penalties from the IRS. This story is part of Taxes 2024, … Read more
On Monday, the IRS started accepting 2023 tax returns, marking the start of the 2024 tax season. The agency also quietly launched its new Direct File tax-filing program, which could soon be available to millions of US taxpayers. While the initial phase of the program is limited to preselected taxpayers, you can check now to … Read more
Taxes can be a hassle to tackle on your own, but you can use online tax software to help guide you through the process. Right now one of our favorite tax software options, TaxSlayer, is offering new customers a 15% savings on federal tax filings. That means you can file for as low as $19.51 … Read more
The 2024 tax season starts today, and you may be thinking about getting your federal taxes filed as soon as you can. If you have kids and you’re eligible for the child tax credit, you might want to consider if you should wait to file. This is because Congress is working on an expansion of the child … Read more
In the (mostly) immortal words of Tom Hanks: There’s no crying in tax season. This story is part of Taxes 2024, CNET’s coverage of the best tax software, tax tips and everything else you need to file your return and track your refund. Yet 54% of Gen Z reports that anxiety over filing their tax … Read more
In just under a week, the IRS will begin accepting tax returns, kicking off the 2024 tax season. If you plan to file as soon as possible, make sure you have all the paperwork necessary to prepare your return. Completing your taxes isn’t always easy, especially when you aren’t a tax professional or up to date … Read more
The IRS plans to finally implement its new 1099-K reporting requirement this year. That means anyone who receives $5,000 or more in income via third-party payment apps such as PayPal, Venmo, Cash App or Zelle in 2024 will receive a 1099-K next year. Originally slated to take effect in 2022, this IRS reporting change will eventually have payment … Read more
We already knew that the US income tax day deadline would revert to April 15 in 2024, but now we know the first day that taxpayers can file their returns this year. The IRS announced on Monday that the agency would start accepting 2023 tax returns on Jan. 29, 2024. This story is part of … Read more
Kanye West has recently listed his Malibu house to be sold at $53 million after stripping it of essential systems like plumbing Kanye West has recently listed his Malibu house to be sold at $53 million after stripping it of essential systems like plumbing Rapper and designer Kanye West continues facing financial troubles, as new … Read more