The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change (either negative or positive), and column C is the amended or correct ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

With recent changes in tax law, beneficiaries are urged to pay close attention to these documents, which could influence ...

Taxpayers will need to calculate for themselves how much they can subtract from their 2025 taxable income using the new ...

You won't be able to file taxes before the IRS pens the 2026 tax season, but you can gather up the necessary documents now.

You might be putting up a tree or decorating your home now, but you'll be filing your 2025 taxes before you know it.

A 1099 form is a record that an entity or person (not your employer) gave or paid you money. One copy goes to you and another copy goes to the IRS. Many, or all, of the products featured on this page ...

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

Interested in the IRS Free File service? All you need to know about the program, plus other IRS options for free tax filing. Many, or all, of the products featured on this page are from our ...

The holiday season is upon us, and as some know, it can be frustrating when your children are out of school and complain about having nothing to do. So, why not hire your child or children to work for ...

The Income Tax Department will notify new ITR forms and related rules under the streamlined Income Tax Act, 2025, by January, according to Central Board of Direct Taxes (CBDT) chairman Ravi Agrawal.