Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

What is self-employment tax? The federal self-employment tax is composed of Social Security and Medicare taxes, which are also known together as the Federal Insurance Contributions Act (FICA). For ...

Question: I have a small marketing company operating as a sole proprietorship and file a Schedule C with my Form 1040, accordingly. I provide a group medical insurance plan for my three employees as ...

Add Yahoo as a preferred source to see more of our stories on Google. The 1040 tax form is the form most people use for filing taxes. It's not the easiest to understand, though. Form 1040 received an ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...

The IRS has three different versions of the Form 1040 that you can use to file your taxes: 1040, 1040-SR, and 1040-NR. Here are the key differences. The IRS has over 800 different forms and schedules ...

Master tax filing. Learn about primary forms, supplementary schedules, special situations, miscellaneous forms, and more. Optimize deductions today.