Discover 20 real estate tax deductions agents actually use to lower their taxable income, cut costs and keep more of their ...
Learn about the IRS’s new Code Y for reporting Qualified Charitable Distributions (QCDs) from IRAs, effective in 2025. Discover how this change simplifies tax reporting for charitable IRA gifts and ...
This easy tax filing system, which was previously provided through the IRS, will no longer be available to filers in 2026 ...
Even if you move overseas, you may still owe UK tax on UK‑source income (for example, rental income, UK pensions or ...
WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the ...
The good news is that a new tax benefit aimed at helping families with children under 17 is now in effect. For the tax years ...
In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...
The maximum amount of EITC for a family with two children will be $7,316 (up from $7,152 in 2025) and $4,427 (up from $4,328 in 2025) for a family with one child. Adults with no children who qualify ...
Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...
Tax season begins this month. And this week, the IRS posted a reminder for those who want to get ready for tax season now. "As the IRS continues its digital transformation, it’s making filing easier ...