New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.
The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...
Your IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.
Master tax filing. Learn about primary forms, supplementary schedules, special situations, miscellaneous forms, and more. Optimize deductions today.
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 ...
The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...
What the IRS Isn't Shouting From the Rooftops Let's be real. When was the last time you heard the IRS actively marketing a ...
The Internal Revenue Service (IRS) has released updated Schedule SE tax form and instructions for the tax years 2023 and 2024. TRAVERSE CITY, MI, US, January 12, 2024 ...
So you’ve realized a profit on your investments? Buckle up and get ready to report your transactions to the Internal Revenue Service (IRS) on Schedule D and see how much tax you owe. But it’s not all ...