The IRS and the Treasury Department issued guidance giving penalty relief to employers and other payors for tax year 2025 on ...

IRS Finalizes Rules After Public Feedback Self Employed There's one clear sign you should look out for. • A creamy yellow ...

The IRS delays key payroll and withholding updates, giving taxpayers and employers a temporary break before new rules arrive in 2026.

Tax professionals who fail to renew their PTINs before December 31 will be unable to prepare federal tax returns for compensation.

Summary: For the 2025 tax year, U.S. taxpayers must file Form 1040 or Form 1040-SR by April 15, 2026, with an optional automatic six-month extension via Form 4868. Filing requirements vary by age, ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

Forms 1099 are used to report a slew of payments not included on Form W-2 (for wages) or other tax forms. This might include earnings from stocks and dividends, pension distributions, canceled debts, ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...