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 ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Wondering if you’ll owe federal gift tax in 2025? You’re probably in the clear. Most people never pay the gift tax thanks to generous annual and lifetime ...

TaxZerone offers comprehensive tools and support for accurate and timely 2290 filing. SAN JOSE, CA, UNITED STATES, July 1, 2025 /EINPresswire.com/ -- The IRS e-filing ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. If you are self-employed or have earnings outside of your job, you may need to make estimated tax ...

For many of us, Tax Day comes but once a year. For others, taxes come due more often. Freelancers, small business owners and those earning over a certain amount from a side hustle are among those who ...

If you’re feeling behind or waiting on documents, a tax extension gives you extra time to file — but not to pay. In this guide, you’ll learn how to file a tax extension, which forms you need, key ...

"The IRS is aware and is working on the issue," said Barbara League, a partner at Orrick. "At this time, they have no estimated timeline during which it will be resolved." Attorneys and tax-exempt ...

The IRS has issued a crucial reminder for victims of disasters: the deadline to file and pay 2024 federal income taxes is fast approaching on May 1, 2025. This extension is specifically for those in ...