Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...

The Internal Revenue Service (IRS) announced this week that more than a million taxpayers are running out of time to submit their tax returns and get unclaimed tax refunds from 2021. More than 1.1 ...

Taxpayers are now able to file amended returns electronically in more of the Form 1040 series, the IRS announced Thursday in a news release. In addition, the IRS announced it has added a checkbox to ...

Millions of taxpayers have already been waiting four or five months for their federal income tax refunds after completing 1040 paper returns and putting those returns in the mail in late January or ...

If you're banking on cryptocurrency, a digital way to get paid, you may have to pay real taxes on the money you earn. The IRS has changed the 1040 tax form for the 2021 tax year, asking if a taxpayer ...

WASHINGTON (AP) — The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million ...

WASHINGTON - Many parents across the U.S. received monthly payments in 2021 as part of the expanded Child Tax Credit program, and with tax season coming up, there is some important information to know ...