The IRS Free File program is set to open later this week to allow eligible taxpayers to file their taxes for free using tax ...

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...

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

Interest paid on a home equity loan may be tax deductible if you use the funds for specific purposes. Find out whether you ...

Practitioners should address regulatory changes, focus on practice management, and help clients plan for the scheduled TCJA sunset.

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this ...

Making the Tax Cuts and Jobs Act permanent would be a good start for Congress in 2025. But it’s time to take an even bigger ...

The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed into a higher income tax bracket without an increase in real income. There are seven income brackets that earners can ...

At least two forms deal with student loans and tuition, financial obligations that can be costly and overwhelming. Here's how they work.

As a result, you might need to hire a certified public accountant (CPA), enrolled agent (EA) or other tax professional to prepare and file your taxes. If you decide to hire someone, it’s best to start ...