We have received dozens of letters on the potential trade dispute between Canada and the United States, on the Trump ...

As the 2025 tax season approaches, taxpayers should brace for new developments and potential challenges. While timely refunds ...

If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

Third party payment apps are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how much ...

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

Roughly 37% of taxpayers are eligible. TurboTax Free Edition supports a simple Form 1040 and no schedules except for the earned income tax credit, child tax credit and student loan interest.

Danni Santana has spent seven years as an editor and business journalist covering industries like sports, retail, restaurants, and now personal finance. Most recently he worked as a retail editor ...