A combination of staffing reductions and big retroactive changes in tax law creates challenges for taxpayers and the IRS alike, according to report.
Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.
Plus: Average tax refunds, filing status, a new global tax deal, commuting expenses & business mileage, a closely watched tax ...
Starting Jan. 26, all taxpayers, including those with an AGI above $89,000, can use the Free File Fillable Forms. As detailed ...
If you need more time to finish your taxes, the IRS allows one free six month extension. Here's how to file for a tax extension.
FreeTaxUSA keeps getting better. The latest version of the tax prep app now lets you import Form 1099s—including the new 1099-DA (crypto transactions through a broker)—and better integrates its help ...
Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.
Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. ArtistGNDphotography / Getty Images If you have income from work, ...
Thousands of struggling village pubs are set to be hit with business rates for the first time – amid claims that the sector is facing a new ‘stealth tax’. Outrage is mounting after Chancellor Rachel ...
The longest government shutdown in U.S. history is now over. The backlog of work, however, remains. As the IRS scrambles to get back to business as usual, taxpayers should expect delays. The ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Many people will soon be filing their 2024 tax returns by the ...