Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

We'll cover what this important tax document is, and then list ten key items stressing the importance of correctly filling ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...

If you freelance, side hustle or sell products online, you're most likely familiar with the Form 1099-K. It's a form that ...

After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds ...

Before filing, it’s a good idea to double check your IRS Forms 1099. They remind you that you earned interest, received a ...

Californians received news that the IRS decided the tax fate of special state payments "stimulus checks" made to millions of people across the country during 2022. In California, those payments were ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Kim Porter began her career as a writer and an editor focusing on personal finance in 2010. Since then, her work has been published everywhere from Forbes Advisor to U.S. News & World Report, Fortune, ...