The 2025 tax season starts Jan 27. Organize forms, review deductions, and use IRS tools to simplify filing and maximize savings efficiently.

This system for naming and storing all the paperwork you need to prepare your taxes is easy, and you don't have to follow it ...

The IRS has been pushing to modernize its tax processing system for several years now, and at the center of it is ...

A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...

The IRS has announced that the 2025 tax season will officially kick off on January 27. Taxpayers can begin filing their 2024 ...

By The Associated Press  Icons for the smartphone apps Xiaohongshu and TikTok are seen on a smartphone screen in Beijing, ...

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We ...

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you.

In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain goods or activities, like alcohol or fuel). A national consumption tax would create a ...

Editor’s note: This article was last updated Jan. 3, 2025, with the updated list of eligible vehicles ... income” on line 11 of your tax return, IRS Form 1040) must be no more than $300,000 ...

Tesla Inc.’s Cybertruck qualifies for up to $7,500 in US tax credits for the first time this year, part of reshuffling under tougher rules that took effect on Jan. 1 that also newly disqualify ...