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

Final regulations under I.R.C. §45V and §48 implementing the credit for production of clean hydrogen and certain provisions of the energy credit as enacted by the Inflation Reduction Act of ...

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

Some financial advisors are readying their clients for the possibility of an extension of the TCJA, which is set to expire at ...

The Republican chair of the House’s tax writing committee called on Congress to quickly extend President-elect Trump’s 2017 ...

37% of taxpayers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest). Who's this for? TurboTax guides you through ...

Tax brackets are changing in 2025—so Newsweek has rounded up everything you need to know before the new year. The IRS adjusts tax brackets for inflation annually to stop taxpayers being pushed ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

The IRS has issued an updated version of Form 15397, “Application for Extension of Time to Furnish Recipient Statements.” The form is relevant to information reporting concerning IRAs. For instance, ...

The scale is used for calculating your tax. He is progressive. Tax scale To apply the previous tax to your taxable income, you must take into account the family quotient, that is, your number of ...

YAKIMA, Wash.-The Internal Revenue Service building has changed locations in Yakima. The taxpayer assistance building is now at the Cascade Building, at 2600 Business Parkway in Union Gap. This ...

Instead of giving paper copies of Form TD1 to your employees: give them the link to this webpage. Ask them to fill out the form and then scan it and send it to you online or give you a printed copy ...