The Volunteer Income Tax Assistance and Tax Counseling for the Elderly program is returning for another year, offering free ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you completes the 1099. In most cases, you should receive any 1099 form by the end ...

(CNN) — The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the ...

Four family members were convicted by a Fort Worth jury Thursday for attempting to steal millions of dollars from the U.S. government in a fraudulent tax return scheme, federal officials announced.

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

Treasury Secretary Scott Bessent said President Trump’s proposed dividend of $2,000 a person could come in the form of tax decreases, rather than direct payments. In an interview Sunday on ABC News’s ...

Two leading advisor technology firms, Nitrogen and FP Alpha, have launched new artificial intelligence-driven tax planning features, aiming to help RIAs deliver more personalized and actionable tax ...

As discussed in our prior blog posting, Canadian companies should be aware that, if they engage in certain “organizational actions” (as discussed below) that affect the tax basis of their securities ...

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 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 ...