October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

ISLAMABAD: The Federal Board of Revenue (FBR) clarified on Thursday that it has not introduced any changes or amendments to the Income Tax return forms for the tax year 2025 through a new SRO in ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...

The Trump Savings Account is one of the most talked-about provisions of the “One Big Beautiful Bill Act.” Marketed as a way to give children under age 18 a head start on saving for retirement, these ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

Why do you need a lawyer for an IRS audit? Have you received an IRS audit notification (IRS form letter 2205-A, 2205-B, or 566)? What do you need to know? Many taxpayers wonder why they were selected ...

Forms 1042-S, "Foreign Person's U.S. Source Income Subject to Withholding," for tax year 2024 are now due this Thursday, April 17. The extended deadline applies to those who timely requested an ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

With the final day to file 2024 taxes a month away, the Internal Revenue Service reminds taxpayers they have a free online way to file taxes. IRS Free File gives qualified taxpayers access to free tax ...