In June, the IRS unveiled the new postcard tax return as part of the GOP’s tax overhaul intended to simplify the federal tax system. The postcard return, which is intended to replace Forms 1040, 1040A ...
(NewsNation) — As tax season approaches, millions of Americans qualify to file their taxes for free — but only if they have ...
The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...
Organizations and individuals that pay you money — whether a company, a financial institution, or a person who hires you as contractor — typically must report how much they paid you to the IRS.
The Trump administration's new tax form, which Republicans celebrated being the size of a postcard instead of the standard two pages, could end up leading to additional paperwork for millions of ...
If you want a smoother experience, be organized when you get your taxes prepared, and the whole process will be much more ...
The best way to make filing your income taxes less painful and time-consuming is to file online. In 2024, close to 40% of taxpayers used tax software or online services to do their taxes. The top ...
Jitinder Kohli and Michael Ettlinger offer recommendations to simplify the tax system and process less of a hassle for American taxpayers. A woman uses a drive-in mail box to send off her incomes ...
Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...