Use Schedule C to report all financial activity from your business. The form contains two basic sections: the money you received and the money you paid out in cost of the merchandise you sold or in ...

The Internal Revenue Service (IRS) has just released the updated Tax Form 1040 Schedule C instructions and printable forms for the 2023 and 2024 tax years. TRAVERSE ...

Tax Day is April 15, and it’s still not too late to gather the documents you need to file your taxes. This includes Form 1040 from the IRS. Read on to learn more about this form and why it’s important ...

Form 1040, U.S. Individual Income Tax Return, is one of the most important documents that CPAs who do tax work will encounter. In addition to providing a view of the current tax situation, the form ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

The 1040 tax form is the one most people use for filing taxes. It’s not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 designed to make it shorter and less ...

On March 3, 2021, the Small Business Administration (SBA), in conjunction with the U.S. Department of the Treasury, adopted an interim final rule (IFR) that: (1) allows individuals who file an IRS ...

NEW YORK (Reuters) - While this year's taxapalooza is off to a slow start because of the earlier U.S. government shutdown, one thing already is clear: your refund might be a whole lot smaller than you ...

On Monday, the New York Times published a sneak peek of the new “postcard-sized” 1040 form. I immediately looked it over–and my first thought was that it’s looking like neither of those wishes will ...

You can see the full-sized copy here (downloads as a pdf). Despite the smaller size, the new form 1040 is intended to replace not only the current form 1040 but also ...