Everyone's favorite season is here...TAX SEASON.
Tax-filing season officially kicked off today and depending on whether you'll receive money or owe money to the IRS, there will be some differences on taxes this time around. According to ABC 7, the amounts will vary due to several popular tax breaks that have changed since the 2021 tax return along with your own financial situation. Some of the tax-break enhancements that expired are the child tax credit, child and dependent care credit, earned income tax credit, charitable deductions, and severance payments. For more information, click here.