The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.
Common 1099 forms and their purpose in reporting income sources like interest, dividends and capital gains Where to find Form 1099 online and how different financial institutions provide access to tax ...
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 ...
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 ...
Thousands of dollars in potential tax savings are available — but only through the end of the year. By Rachel Wharton The Inflation Reduction Act made home-renovation history in 2022 by expanding tax ...
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 ...
If you are going to sell your car, or you have recently sold it, it is important to know if you must pay tax to the IRS If you are not sure about it, it is always advisable to contact the IRS, and ...
As agencies enter a new White House-directed era of data sharing, an IRS watchdog is highlighting a cautionary tale involving the transfer of inaccurate tax information that may have impacted millions ...
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...
Boston Mayor Michelle Wu banked more than $184,000 last year, nearly all of which came from her $207,000 mayoral salary, according to the 2024 tax return she released this week through her campaign.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback