You could receive Form 1099-K for business payments from Venmo or PayPal this season. Here’s what taxpayers need to know.
As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates to remember.
The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...
This required tax ... return. Your income must be $200,000 or less if you're single or $400,000 or less if you're married and filing jointly to qualify as of tax year 2025. Completing Step 3 of ...
If the IRS owes you a tax refund, it should come within 3 weeks of filing. And in a change, 25 states are now participating ...
Obtaining your Social Security Benefit Statement has never been easier. Discover how you can quickly and conveniently access your SSA-1099 form online, ensuring a smooth tax filing process.
On the 1040 income tax form, the checkoff is on line 21, under the “tax non-refundable credits and checkoff contributions,” section, which is under step five on the form. There are typically ...
If you don't think you can finish filing your income taxes by the April 15 deadline, you have options. To start, you can file a free tax extension that will give you an additional six months to ...
On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...
President Trump plans to sign an order to require that US tariffs on imports match the tax rates charged by other countries.
Are you aware of the Taxpayer Bill of Rights?  We are reminded, especially during tax season, that taxpayers have 10 ...
The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...