#IRS continues an ongoing effort to alert people who don’t have a permanent address or a bank account that they may still qualify for stimulus payments and other credits, including the advance #ChildTaxCredit. See http://go.usa.gov/xHJrd
Good recordkeeping is an important part of year-round tax planning for everyone. Gathering tax documents throughout the year and having an organized recordkeeping system can make it easier when it comes to filing a tax return or understanding a letter from the IRS.
Even if you’re a casual gambler, remember that gambling winnings are fully taxable and you must report the income on your tax return. Gambling income includes winnings from lotteries, raffles, horse races and casinos.
Click here for more information: irs.gov/taxtopics/tc419