The 'word' AUDIT is stamped on the form 1040. Tax advisers use the term ... ‘‘substantial authority’’ for your tax position. For example, imagine you are writing off the cost of getting ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ... annually. They must use Form 1040 or Form 1040-SR and itemize their deductible contributions on a Schedule ...

Here is what you should know about the child tax credit for this year's tax season and whether you qualify for it.

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Tax return forms and wage statements with a note saying ... that were originally due during this period. This means, for example, that the June 17, 2024, deadline will now apply to: In addition ...