You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.

"The introduction of E-File services provided by Halfpricesoft.com team members in 2025 represents a significant enhancement in how companies manage tax form submissions, electronically," said Dr. Ge, ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the weeks of January 20, 2025 – January ...

In the last few days preceding President Donald Trump’s inauguration, the IRS under the Biden administration proposed regulations to implement amendments to Internal Revenue Code § 162(m) that were ...

In this episode of Tax Notes Talk, Robert Kerr, formerly with the IRS and now with Kerr Consulting, discusses the recent federal hiring freeze and buyout offer and speculates how they may affect the ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

IRS Free File program at IRS.gov offers free tax software to those with adjusted gross incomes of $84,000 or less. Other free ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

The Internal Revenue Service is accepting tax returns for tax season 2025, including through the expanded Direct File program ...

To file your taxes, you will need a host of documents, including personal information and income. Here is what you need, according to the IRS. Personal information: Income: Paycheck stubs W-2 form ...

The law cut corporate tax rates permanently and individual tax rates temporarily. Source: Internal Revenue Service The new law capped the deduction for state and local taxes at $10,000 through 2025.