The IRS Form 1040 is the primary document used by taxpayers in the United States to file their annual income tax returns. It serves as a comprehensive summary of your financial year, detailing all ...

With inflation steady at 2.9%, tax brackets are predicted to increase slightly. Combined with the new tax law, your tax ...

Plus: Fantasy football winnings, tax benefits related to cars, stock options, a nod for IRS Chief Counsel, Taylor Swift tax, ...

Income Tax: Fewer than 30 days are remaining before the September 15 deadline to file the income tax return (ITR) for FY 2024-25. It is crucial for taxpayers to use the correct income tax return form ...

THE FBR’s initiative to roll out the long-promised simplified electronic income tax return form for individual taxpayers must be commended. The final interactive form is said to have been released ...

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records. Many, or all, ...

Congressman David Taylor represents Ohio’s Second Congressional District, which includes Clermont, Clinton, Pike, Adams, ...

The Internal Revenue Service (IRS) is taking proactive steps to ensure that eligible taxpayers who missed out on the third stimulus payment receive their due funds. In January 2025, the IRS will ...

*In mid-August 2025, social media platforms were flooded with posts claiming the Internal Revenue Service (IRS) would issue new $1,390 stimulus checks before the end of summer. The rumors quickly ...

The Internal Revenue Service (IRS) has shut down social media claims that new stimulus checks worth $1,390 are on the way to millions of Americans. The Internal Revenue Service (IRS) has shut down ...

The IRS on Monday issued proposed regulations (REG-108822-25) that would modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership ...