In addition, the total spending allowance to claim the deduction has been increased to $3.13 million. Once that cap is ...

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

Starting with the 2025 tax year, Form 1099-DAs will replace 1099-Bs for reporting crypto trades. For this current tax season, you will not see any 1099-DAs. Keep this change in mind as it may affect ...

Some home improvements are tax deductible, but the IRS has strict rules about which are eligible. Find out if your project or ...

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

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year.

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

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

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...

To receive the child tax credit, you must list your children or dependents on the 1040 tax return form. The IRS sends ... "Your tax refund schedule for this year really depends on how you ...

Filing taxes in the United States involves more than just completing Form 1040. Understanding the necessary schedules is ...