I saw a social media post about a little-known tax hack using IRS Form 8944. Should I trust it? Every year around tax season, social media lights up with tax "advice" that promises to get you a ...
A letter sent to Internal Revenue Service (IRS) employees said those involved in the 2025 tax season won’t be able to accept ...
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...
President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...
If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...
Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...
People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.
If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.
The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...
W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...
Dealing with delinquent tax debt may be one of the most stressful financial challenges a person can encounter. After all, between the mounting penalties, the Internal Revenue Service (IRS ...
Third party payment apps are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how much ...