Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one.

You may be able to deduct your health insurance premiums if you are self-employed and buy your own health insurance. Find out ...

The solar tax credit, also known as the Residential Clean Energy Credit, is a federal tax incentive for installing qualified ...

Tax season kicks off later this month, but experts say it’s not too early to get organized and get ahead. There are ...

We explain when alimony is taxable and when alimony payments are tax-deductible, and how other federal tax rules related to ...

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

Palantir Technologies was the best-performing member of the S&P 500 (SNPINDEX: ^GSPC) in 2024. Its share price surged 340% ...

E-filing income tax in India is a breeze if you follow these steps. First, identify your tax slab based on your annual income. Then, register on the Income Tax Department's website using your PAN and ...

Even if your return has been processed and you have received a refund or paid any additional tax that may have been demanded, you can revise your return.

Learn about the best tax write-offs for small businesses and self-employed individuals to maximize your deductions and reduce ...

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

Simple Form 1040 returns only (no schedules except ... from Form W-2 and taking the standard deduction, for example — using tax software probably makes sense. If you own a business, itemize ...