Tag: IRS
Why Is My Tax Return So Low in 2024? Surprising Reasons You Didn’t Expect
Wondering why your 2024 tax refund feels smaller than last year? You’re not alone—lots of people have noticed changes, and the reasons are often complicated. This article walks through the key factors that hit refunds in 2024, including new tax laws, pandemic credits ending, and paycheck surprises. You’ll find practical tips for boosting next year’s refund and common mistakes that cost people cash. Expect real-world advice you can actually use, based on what’s really changed this tax season.
IRS Audit Limits: How Far Back Can They Really Go?
Ever wondered how many years the IRS can dig into your old tax returns? This article breaks down the rules about audit periods, exceptions the IRS uses to go further back, and what records you should keep (and for how long). Get clear answers, real-world tips for avoiding trouble, and learn exactly what might trigger deeper IRS scrutiny. No nonsense, just the facts you actually need if you want to stay safe come tax time.