The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and receiving paper checks as a form of payment. However, there are ways to pay the ...

ISLAMABAD: After repeated promises of simple form, the Federal Board of Revenue (FBR) has finally issued a comprehensive income tax return form for traders for tax year 2025. The return form for the ...

In a new legal filing, the IRS is telling the 9th Circuit Court of Appeals that Arizonans are not entitled to refunds on federal income taxes they paid on a 2023 state tax rebate.

(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 ...

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 ...

EXCLUSIVE: A top aide and confidante to former Obama official Lois Lerner who targeted conservatives and conservative groups received a notice of proposed removal from the Internal Revenue Service, ...

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 ...

The IRS has issued a private letter ruling on Section 42(g)(1)(C), granting the the taxpayer an extension of time to make the average income minimum set-aside election for their housing project. The ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in September for low-and middle-income taxpayers has been debunked by the Internal Revenue Service. However, ...

Is it coming or not? Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in September for low- and middle-income taxpayers have been debunked by the Internal ...

Speculation of $1,390 direct deposit relief payments and other new stimulus check amounts in August for low and middle income taxpayers have been debunked by the Internal Revenue Service, but the new ...