The IRS said it will begin accepting business tax returns electronically next week. No date has been announced yet for individual tax returns.
Babies will start getting their $1,000 Trump accounts in 2026, but contributors may only get a big tax headache, experts said ...
One of the most tax-friendly provisions of an IRA is the ability for IRA owners who are at least age 70½ to donate up to $108,000 (2025 limit) directly to an eligible charity from their IRA. This is ...
The IRS Direct File program is no longer available. (Photo by Tasos Katopodis/Getty Images for Economic Security Project) We knew that it was coming, but now we know for sure: Direct File, the free ...
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
New Internal Revenue Service guidance will relieve tax burdens on companies that hold cryptocurrencies and other assets, though it is limited to certain types of businesses. Brett Cotler, a partner at ...
The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...
Stay in the clear and keep your finances in order with everything you need to know about IRS Form 941. Many, or all, of the products featured on this page are from our advertising partners who ...
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