Get ready for the upcoming tax season with the new efile direct add-on feature now available with ez1099 software from Halfpricesoft.com. This powerful new tool is set to be available well in advance ...

For 2025, the annual Roth IRA contribution limit is $7,000, and if you're age 50 or older, you can contribute an additional $1,000 catch-up contribution.

Direct File, the free, government-provided alternative to services like TurboTax, won't be available for the 2026 tax season, ...

Last month, the Treasury Department issued a report recommending that the IRS refocus efforts on strengthening its free filing programs, particularly Free File, by modernizing and promoting awareness ...

Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...

The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Inflation refund checks and Anchor rebate checks are on the way for some Americans, as others are waiting on a tariff rebate update, IRS tax refund or another stimulus check in 2025. Here's what to ...

As the federal government shutdown grinds on, most Internal Revenue Service operations are closed. With agency-wide furlough in place since Oct. 8 for everyone except already-identified excepted and ...

This conflict could already be seen with the pilot program. According to a report by an Inspector General, the IRS’s Direct File software failed to list certain education tax credits that filers could ...

The IRS is raising standard deductions for 2026 — up to $32,200 for joint filers and $16,100 for singles — along with larger credits for families, adoptions, and employer-provided childcare. The top ...

The Internal Revenue Service has announced updated standard deduction amounts for the 2026 tax year, including a modest, yet meaningful, increase for Americans age 65 and older. The change, which ...