IRS Loosens Rules for Workers to Claim ‘No Tax on Tips’ Deductions

The agency is delaying implementation of a provision of the new law that prevents workers in certain service businesses from ...
Public Broadcasting Service (PBS)

IRS issues guidance on tax on tips and overtime income for 2025

The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...
Young and the Invested on MSN

The tax form trifecta: Master the W-2, W-4, and W-9

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record wages, benefits paid, taxes withheld, and other essential financial information ...
Indiatimes

TDS mismatch in Form 26AS: Income Tax Department withholds Rs 1.5 crore tax refund - how taxpayer approached High Court and won case

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...
The News International

No change made to income tax return forms, insists FBR

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 ...
Forbes

A First Look At The New Tax Form For Claiming Deductions For Tips, Overtime, Car Interest And Seniors

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 ...
Investopedia

Form 1041: U.S. Income Tax Return for Estates and Trusts

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 ...
The Bismarck Tribune

Burleigh County late to mail tax forms to some election workers; Splonskowski, commission have tense exchange

Burleigh County delayed sending income tax forms to election workers due to confusion over which form they should receive. Meanwhile, county Human Resource Director Pamela Binder believes that Auditor ...
Yahoo

Lt. Gov. Burt Jones forms committee to explore getting rid of state income tax

Georgia Lieutenant Governor Burt Jones announced on Thursday morning that he has formed a Senate committee to explore the idea of eliminating the state’s income tax. The Senate Special Committee on ...
CNBC

What documents do I need to file my taxes?

Whether you file your taxes using online software or consult a tax professional, you need to get the right forms together. There are myriad permutations, but here is the most common information and ...
Nasdaq

Form 1310: How to Claim a Refund for a Deceased Taxpayer

Form 1310, officially known as the “Statement of Person Claiming Refund Due a Deceased Taxpayer,” is a document that allows you to request a tax refund on behalf of someone who has passed away. If you ...
NBC New York

You could see this tax form for the ‘first time ever' this season, taxpayer advocate says

As millions of Americans gather paperwork to file their returns, many could see a tax form for business payments "for the first time ever," according to the National Taxpayer Advocate. The 2024 ...