Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

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 ...

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 ...

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 ...

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.

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

Late tax filers risk penalties but can take steps to avoid them. Tax season ends at midnight on Tuesday, April 15 – for most filers, at least. Up to one in three Americans waits until the last minute ...

The deadline for filing federal tax returns for tax year 2024 is April 15, 2025. If you haven't filed yet, you might be able to do so for free online through the IRS Free File portal, which offers ...

Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, ...

The Ohio Homebuyer Plus account (OHPA), a statewide program, creates a tax-advantaged savings account to help Ohio residents in the homebuying process. According to the state treasurer's site, account ...

Your W-2 is among the most important tax documents you will receive in a given year. The W-2 is a tax form that reports how much money an employee received from an employer in a calendar year, ...