Trump’s promise to end Social Security taxes falls short, as the House bill only offers a temporary $4,000 deduction for ...

IRS letters can be stressful, but they’re usually about common issues. Knowing why you got one and how to respond can help ...

Employers, businesses, and tax professionals can now e-file 1099, 1098, and 1095 forms with TaxBandits to meet the IRS e-filing deadline. Filing on time ensures compliance and helps avoid costly ...

Marni Rose McFall is a Newsweek reporter based in London, U.K. Her focus is on internet trends, U.S. politics and popular culture. She has covered fashion, culture, art and music extensively.

Here are some major IRS tax forms, schedules and publications everyone should know. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

New for the 2025 filing season, the IRS will accept Forms 1040, 1040-NR and 1040-SS, even if a dependent has already been claimed on a previously filed return, as long as the primary taxpayer on ...

has announced the release of its 2024 IRS tax forms filing engine for IRS tax forms 940, 943, 944, and 941. This latest version, included with 2024 Payroll Mate desktop payroll software ...

The Internal Revenue Service (IRS) recently released IRS Form 15620, Section 83(b) Election (Form 15620), an approved form for taxpayers to use to make a Section 83(b) election. A taxpayer is not ...

The Internal Revenue Service extended its transition relief Tuesday for the new Form 1099-K information reporting threshold, setting it at $5,000 for 2024 and $2,500 in 2025 before reaching the ...

By signing this form, you grant an authorized representative, such as a tax attorney, CPA, or enrolled agent, the ability to manage certain aspects of your tax affairs with the IRS. Since your tax ...

The IRS will end its practice of automatically assessing penalties for the late filing of forms dealing with foreign gifts and bequests, a change long advocated by the AICPA and the Taxpayer Advocate ...