The IRS provides student loan interest deduction that lets borrowers subtract some of the payments from their taxable income.

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...

With tax season approaching, the Internal Revenue Service has announced the 2026 filing period for the 2025 tax year.

The IRS recently issued a Chief Counsel Advice Memorandum (AM 2025-002) (the CCA) that provides helpful guidance regarding the application of the branch profits tax (BPT) in connection with reverse ...

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 ...

The Trump administration is giving most federal employees two additional days off this week — the days before and after Christmas — but the Social Security Administration and the IRS plan to stay open ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return.