To claim the new tax break, you will need to fill out a new tax form called Schedule 1-A. Schedule 1-A is an IRS form used to claim and calculate four tax deductions originating from the tax and ...
A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.
IRS Publication 523 allows taxpayers to exclude up to 500,000 of gain if ownership and residence tests are met. The article ...
Taxes are confusing, and tax software can be, too. In this guide, we explain how tax software works and how it can help you prepare your taxes online.
Find out when Federal taxes are due. Learn state tax due dates, when estimated taxes are due, and when to file a tax extension for your federal return.
The threshold for receiving a 1099-K is higher — but that doesn't mean you're off the hook if you don't get one.
Essential Tax Solutions for 1099 Gig Workers and Online Sellers ...
Your tax return could trigger an IRS audit if you're missing key tax forms, experts say. Here's a checklist of forms and when ...
It’s tax time! The IRS has set April 15 as the final day for most Americans to file their 2025 tax return on time.
A veteran tax expert breaks down the costly penalties and IRS consequences young adults face when they skip filing their taxes.