Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form ...

As the October IRS deadline approaches, taxpayers face changes in filing options and rules that could affect millions of ...

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved. By Ann ...

Less than 1% of the more than 7,000 probationary workers fired from the U.S. Internal Revenue Service earlier this year on performance grounds were actually documented underachievers, according to a ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in August for low and middle income taxpayers have been debunked by the Internal Revenue Service, but the new ...

Summer 2025 has arrived, and as some know, it can be frustrating when your children complain about having nothing to do. So, why not hire your child or children to work for your business? Doing so can ...