The Internal Revenue Service reassured taxpayers and tax professionals Thursday that it's not planning to make any immediate changes to its information returns such as Forms W-2 and 1099 and ...
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
The IRS said Thursday it will delay making changes to certain information returns or withholding tables, as part of its phased implementation of H.R. 1, P.L. 119-21, commonly known as the One Big ...
Navigating the U.S. tax system can be daunting, but understanding available benefits can significantly impact your finances. Discover how a little-known tax credit can return up to half of your taxes ...
Understanding how much you owe in federal income tax starts with knowing the tax brackets and how they’ve shifted year over year. Below you’ll find the latest IRS tax tables, standard deduction ...
The IRS has announced the annual inflation adjustments for the year 2026, including tax rate schedules, tax tables and cost-of-living adjustments. These are the official numbers for the tax year ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced ...
Filing your federal tax return to the Internal Revenue Service (IRS) starts with having the right forms in hand. Whether you choose to e-file or submit a paper return, being well-prepared is essential ...
Navigating the U.S. tax system can be daunting, but understanding available credits can significantly impact your refund.
Tax season is about to collide with one of the biggest rewrites of the code in years, and the result could be a noticeably different refund for millions of filers. Between routine inflation ...