As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...