Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Small business owners can file their state and federal tax returns quickly and accurately with the best tax filing software programs.

Generally, the income tax credit (which reduces the actual income tax you pay) equals the amount of Social Security and Medicare taxes paid or incurred by your business on tips received by your ...

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

The IRS says goodbye to the summer by adding a new form, Schedule 1-A, to make it simpler for Americans to access deductions in their 2025 tax filings. For the first time ever, emp ...

Forty years ago, a young John Hewitt graduated from Hamburg High School, expecting to become a mathematician. He enrolled at University of Buffalo, but left school early, going to work instead for ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...

LOWCOUNTRY, S.C. (WCIV) — As 2025 tax deadlines approach, Lowcountry residents are getting their paperwork in order to file their personal and business taxes for the year. Doug Snyder, a Certified ...

Taxpayers often make mistakes when filing their taxes, such as inputting incorrect personal information or making math errors. Choosing the wrong filing status or claiming ineligible credits can lead ...

A group of 10 accounting majors and their professors will prepare eligible community members’ personal income tax returns.

In 2023, 161,781,457 taxpayers filed Forms 1040 and 1040-SR, with the number of taxpayers filing these forms projected by the Internal Revenue Service to increase by about 10,000,000 over the next ...

The Internal Revenue Service (IRS) has recently released the instructions for Form 1040. TRAVERSE CITY, MI, UNITED STATES, October 24, 2024 /EINPresswire.com/ -- The ...