One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...

The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.

The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free ...

A for tax year 2025 tied to the “One, Big, Beautiful Bill,” offering deductions for tips, overtime pay, car loan inte ...

The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

Make sense of the new rules for digital asset reporting, including transition relief for 2025 and safe harbors going forward.

The smartest last-minute tax moves you can make to save you hundreds if not thousands of dollars before the 2025 tax filing ...

The good news? The average dollar amount of tax refunds issued so far is up. The rough patch? The IRS has processed far fewer returns in the first two weeks than a similar time frame a year ago. The ...

Tax season is underway and you have until April 15 to file your return with the IRS. For many, especially first-time filers, taxes can be daunting and it’s tempting to leave them until the last minute ...

NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.