Tag: Tax Season 2022

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Tax refunds in 2022 may be much smaller

With 2022 beginning, taxpayers have started gathering all of their 2021 tax documents they need to file a return. This year, refunds may end up being a bit smaller than what people are typically used to. The IRS is sending taxpayers a ... MORE
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IRS: Tax deadline extension for 2022 granted to some

Thousands of Americans have been negatively impacted by the wildfires spreading in Colorado and the IRS is trying to give them relief. The tax filing deadline set for April 18, 2022 will be extended to May 16, 2022. 1,000 homes have been ... MORE
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Tax season 2022: Tax breaks for marriage

Some people benefit during tax season just for being married. 2022 has started, and with a new year comes a new tax season. It’s important to fully understand where you stand if you’re married and filing taxes. For the 2022 tax year, ... MORE
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2022 tax return deadlines and due dates

The 2022 tax season is upon us, and many are wondering when the 2022 tax return deadline will be this year. Last year the deadline was pushed back due to COVID-19, but this year the IRS is working to return it to ... MORE
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Tax season 2022: IRS sends important stimulus letters

The IRS wants the public to know they should not throw away two important letters being sent in Jan. for their 2021 tax returns. Anyone the received the stimulus check in 2021 or child tax credit payments will be getting a letter ... MORE
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Child tax credit payments and 2022 tax returns

The 2021 tax year has officially ended, marking the start of 2022. This means tax season is soon, and many wonder what child tax credits will do. There was a large amount of changes in laws regarding taxes last year along with ... MORE
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Child tax credit worth $7,200 available to some

Some Americans will meet specific criteria to collect a child tax credit worth $7,200 in 2022. Families that did not see advanced payments for the tax credit might get up to $3,600. They must have a child under age 6. Families with ... MORE
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When to start tracking my 2022 tax refund from the IRS

Many people want to track their tax refunds as soon as possible, and that can be done online. Many people aim to file their tax returns as soon as possible to beat the deadline and get their refund as fast as they ... MORE
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$1,400 will checks go to some Americans in 2022

Some Americans can expect a $1,400 fourth stimulus check when 2022 rolls around. In order to get this payment, some criteria needs to be met first. Those getting the payments are people who gained a new dependent in 2021 or new parents ... MORE
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Tax deadline is extended in some states for 2022, is yours one of them?

There have been some catastrophic disasters, including tornadoes this month. This has impacted thousands of Americans and t he IRS knows this. The IRS decided to give residents affected from these disasters and extra month to file their taxes on time. Related: ... MORE
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Some families can claim $8,000 next month, is yours one of them?

When families start filing their returns early next month, they can claim up to $8,000 with the child and dependent care credit. These credits are designed to help families with the costs that go into raising and caring for a child. Things ... MORE
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How to claim the Recovery Rebate Tax Credit for 2021 next tax season

Tax season for 2021 is unlike many recent tax seasons. There have been many changes to policies and laws, resulting in a bit of confusion. Along with that comes more opportunity to lower your tax bill, increase your refund, and claim any ... MORE
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Keep these 3 changes in mind before you file your 2022 tax return

There have been some updates to certain credits and deductions for the 2021 tax year. The tax season only has a day and a half remaining, and many people are starting to get their affairs in order to make the process easier ... MORE
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Make sure to do these things before tax season ends in just two days, you could miss out on $1,000s

Every year tax season ends on the last day of the year, and starts new on Jan. 1. This year is no different and if you have anything to finish up, now is the time to do it so you don’t miss ... MORE
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When will I get my tax refund in 2022 and how much will it be?

2022 is likely to have a complicated tax season, so people are preparing for it as 2021 ends. There are deadlines to remember, letters to know about, and plenty of deductions or credits to claim. While there are deadlines and dates set, ... MORE
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5 ways you could claim as much as $14,300 in stimulus cash in 2022

2021 is coming to a close, and with that comes a new year and a new tax season. There are plenty of ways you might be able to decrease the amount you owe in taxes. Filing taxes for 2022 is likely going ... MORE
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Here is how you can claim the new stimulus payment worth up to $8,000

Families that qualified for the expanded child tax credit payments may also qualify for stimulus payments worth as much as $8,000. The money would help families offset the expenses necessary with raising a child. In order to qualify, parents need an AGI ... MORE
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Did you collect child tax credit payments? The IRS is sending letters to parents, here’s what to do with it

Any families that received advanced payments on their child tax credit can expect a letter soon from the IRS. 36 million families in all will be sent a letter, which is necessary to hold onto until it’s time to file your taxes ... MORE