A new government program offers a $1,000 match for 'Trump Accounts' for kids. Learn who qualifies and how to apply using Form 4547 this tax season.
The deadline for most people to file federal income tax returns for the 2025 tax year – also known as Tax Day – is Wednesday, April 15 this year.
The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.
Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...
(NEXSTAR) – Just days after the start of the 2026 tax filing season, a looming government shutdown could disrupt IRS funding starting this Saturday. Should Congress fail to pass the currently-proposed ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. IRS new Form 708 enforces a 40% transfer tax on U.S. recipients ...
An envelope from the Internal Revenue Service (IRS) rarely brings good news, but opening that envelope to find a tax bill that exceeds what you can immediately pay can trigger a unique kind of fear.
The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax returns. Here’s how the election works, who qualifies, and what happens next. Tax ...
The IRS will begin accepting 2025 tax returns on Monday, January 26, 2026. The deadline to file taxes or request an extension is April 15, 2026. Most tax refunds are issued in less than 21 days, ...
Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...
Tax refunds this year are expected to be larger than usual, so many Americans may be wondering how they can get their hands on theirs as quickly as possible. The fastest way by far is electronically, ...