Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...
Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...
The deadline for filing income tax audit reports is October 31, 2025, for eligible taxpayers, who must use forms 3CA, 3CD, and 3CB. Late submissions may incur penalties. Recent amendments to Form 3CD, ...
The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or digital options.
The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...
ISLAMABAD: In a dramatic U-turn, the government on Friday scrapped the asset valuation column from the tax return form for 2025 — just a day after issuing a strongly worded clarification — bowing to ...
As Delaware recorded some of the steepest increases in health care costs and premiums in 2023, top executives at the state’s largest nonprofit hospitals reported seven-figure salaries, according to ...
WASHINGTON—Treasury Secretary Scott Bessent has appointed Frank Bisignano to be the chief executive officer of the Internal Revenue Service, creating a new position to help run the beleaguered tax ...
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