As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.
“The IRS tried to reduce the form to ... unless there is something specifically in the tax code that doesn’t include it.” Form 1040-SR is relatively new. "It's available for use for those ...
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.
IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
Wondering what the different tax credits are and if you're eligible to claim any? Here's our guide to who can benefit from ...
Tax returns are annual, and getting them filed also means starting the clock ticking for how long the IRS has to audit you.
Estimated taxes are due quarterly, usually on the 15th day of April, June, September and January of the following year. One ...
The IRS expects more than 140 million individual tax returns for the tax year 2024 to be filed before the April 15 federal ...
This year, the IRS anticipates issuing more than nine out of 10 refunds in less than 21 days. Although the IRS issues most ...