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.

The Internal Revenue Service will begin phasing out the use of paper checks for tax refunds starting at the end of the month.

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

The IRS will phase out paper tax refund checks starting Tuesday, Sept. 30 shifting to electronic payments to improve security, speed and efficiency.

The Trump White House set a Sept. 30 deadline for the Treasury Department to stop cutting paper checks, although the IRS said ...

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 ...

(NEXSTAR) – The self-described tax experts of TikTok and other social media sites have cost American’s $162 million in penalties since 2022, the IRS said in a news release Monday. Advice on the most ...

Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

Stay in the clear and keep your finances in order with everything you need to know about IRS Form 941. Many, or all, of the products featured on this page are from our advertising partners who ...

The IRS has announced that paper tax refund checks for individual taxpayers will be phased out beginning September 30.

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...