CheckPoint Tax Relief Group

CheckPoint Tax Relief Group CHECKPOINT Tax Relief Group specializes in helping taxpayers with IRS tax problems.

2022 Midterm Elections: What the Results Could Mean for Taxes
12/30/2022

2022 Midterm Elections: What the Results Could Mean for Taxes

The 2022 midterm election results will drive—or stall—very different Democratic and Republican tax priorities.

Tax Breaks After 50 You Can't Afford to Miss
12/29/2022

Tax Breaks After 50 You Can't Afford to Miss

When taxpayers reach age 50 they are eligible to save on federal income taxes through catch-up contributions to IRA and 401(k) plans and more extras

Tax Deductions Guide: 20 Popular Breaks
12/28/2022

Tax Deductions Guide: 20 Popular Breaks

How tax deductions and tax credits work, when to itemize or take the standard deduction, plus 20 tax deductions and credits you might be overlooking this year.

18 Legal Secrets to Reducing Your Taxes
12/27/2022

18 Legal Secrets to Reducing Your Taxes

Don't miss these tax deductions and credits, which can add up to significant savings.

How to Reduce Taxable Income: Can the Average American Pay No Taxes?
12/26/2022

How to Reduce Taxable Income: Can the Average American Pay No Taxes?

Taxes are a huge expense for many households. Learn how the average American can reduce taxable income and pay no taxes.

8 Tips To Reduce Your Tax Bill For The Next Tax Season
12/23/2022

8 Tips To Reduce Your Tax Bill For The Next Tax Season

It’s never too early to start thinking about tax season, no matter how far off it seems. Tax time will return before you know it, and by then it’ll be too late for many of the maneuvers that can lower your tax bill and keep more of your money in your pocket. So don’t spend the tax offseason pr...

IRS provides tax inflation adjustments for tax year 2023
12/22/2022

IRS provides tax inflation adjustments for tax year 2023

IR-2022-182, October 18, 2022 — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments.

Tax Changes and Key Amounts for the 2022 Tax Year
12/21/2022

Tax Changes and Key Amounts for the 2022 Tax Year

Americans are facing a long list of tax changes for the 2022 tax year. Smart taxpayers will start planning for them now.

Despite stock market losses, investors may get year-end mutual fund payouts. That can trigger a surprise tax bill.
12/20/2022

Despite stock market losses, investors may get year-end mutual fund payouts. That can trigger a surprise tax bill.

Despite stock market losses in 2022, investors may receive year-end mutual fund distributions, which can trigger a tax bill.

New IRS rules mean your paycheck could be bigger next year
12/19/2022

New IRS rules mean your paycheck could be bigger next year

Inflation may be pushing prices up, but it also may help push up your take-home pay starting next year.

The IRS just changed its tax brackets. Here's the impact on your taxes.
12/16/2022

The IRS just changed its tax brackets. Here's the impact on your taxes.

Tax agency wants to avoid "bracket creep," or when workers get pushed into higher tax brackets due to inflation.

More than 40% of households will owe no federal income tax, down from last year, according to a new analysisU.S. hou
12/15/2022

More than 40% of households will owe no federal income tax, down from last year, according to a new analysisU.S. hou

More than 72 million American households will pay no federal income taxes this year, marking a large decline from last year, the Tax Policy Center said.

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76180

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