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WHERE YOU CAN WATCH LX NEWS Student Debt Abortion Gun Violence
A person filing their taxes.
taxes

College Students Are Helping People File Their Taxes for Free

VITA is an organization that partners with college students to provide free tax preparation services. Christopher Thornton, the president of the UCLA chapter, explains how it works.
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A check from the US Treasury.
taxes

What Should I Do If I Think My Tax Refund Is Delayed?

Your tax refund could be delayed if your return has errors or is incomplete, among other reasons.
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A check from the US Treasury.
Tax Season

When Will I Receive My Tax Refund?

The majority of tax refunds will be distributed no more than 21 days after the IRS has received your tax return, and the agency has an online tool where you can check your refund’s status.
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taxes

How Were the 2023 Tax Year Changes Determined? We Called the IRS for Answers

IRS spokesperson Anthony Burke joined us to talk about the changes coming in the tax year 2023.
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taxes

Some Countries Do Your Taxes For You. Here's Why the US Doesn't

The IRS checks the info on your tax return against the information it already has on you. So why don't they just fill out your return?
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taxes

Why You Have a Slim Chance of Getting Audited This Tax Season

Only 1 out of every 225 tax returns are inspected by an IRS agent, so your odds of getting audited are low, NBCLX Political Editor Noah Pransky says. He explains how the agency has been underfunded over the past several years and why audits are more likely for low-income taxpayers.
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taxes

In Many Countries, the Government Files Your Taxes. Why Not in the US?

In Denmark, the UK, Spain and elsewhere, the government fills out your tax return for you, and you only have to sign off on the information in it. But in the U.S. we often rely on private companies to help us file our taxes; according to IRS data, the average American spends 13 hours and $240 to file their taxes....
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taxes

Will the IRS Audit You in 2022? 3 Major Factors to Know

New IRS data shows poor Americans have been audited at higher rates than wealthy Americans in recent years.
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TikTok

We Brought in TikTok's Favorite Tax Pro to Answer Your Questions

Duke Moore loves talking taxes on Tiktok (@dukelovestaxes). We brought him in to answer your questions about the approaching tax season — like whether you need to claim your cryptocurrency gains or write off those losses.
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Elon Musk

Tesla CEO Elon Musk is About to Pay a Lot of Taxes

Elon Musk said he plans to sell 10% of his Tesla stock – likely because he’s about to face a multibillion-dollar tax bill, says CNBC wealth reporter Robert Frank.
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