Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

The IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...

In January 2025, the IRS provided crucial updates on the federal tax status of special payments made by 21 states. These ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

As President Trump continues to make sweeping changes to federal agencies, sections of the IRS’s Internal Revenue Manual ...

Navigating the complexities of tax filing can be daunting, but understanding the potential pitfalls can save you from hefty ...

Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...

Tips are optional payments a customer makes to a service provider and may be offered in different ways. Tips may consist of ...

As tax season unfolds in the United States, millions of taxpayers are diligently preparing their returns. While some eagerly ...

The IRS didn’t enforce the penalty from 2020 through 2024, but that leniency has ended as of 2025. The Secure Act of 2019 ...

More people are making legal sports bets on the Super Bowl and March Madness. But what do gamblers need to know at tax time?