Initially, the IRS made Direct File available only to government employees in 12 states: Arizona, California, Florida, Massachusetts, Nevada, New Hampshire, New York, South Dakota, Tennessee, Texas, ...

The 2025 mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, ...

Don't enter 2025 paying more tax than you need to. Check if you're eligible for these remote worker tax deductions. The post ...

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 Internal Revenue Service (IRS) announced that it will officially begin accepting 2024 tax returns on January 27, 2025. The deadline for filing taxes will be April 15, 2025. “This has been ...

USAA Offers the Cheapest Low-mileage Car Insurance for $78 per Month, but Erie Insurance and Auto-Owners Insurance Also Have Affordable Rates. Alexi Morgan is a writer who has spent her career ...

These earnings were already taxable so this is not a change in tax law, but rather just a reporting change. In order to report these earnings and transactions, you'll need to file Form 1099-K.

Investment Zen/Flickr.com (CC by 2.0) Form 2106: Employee Business ... They can use the standard mileage rate, which means multiplying the IRS mileage rate for the tax year by the number of ...

Employees who used this form were able to claim the standard mileage rate for vehicle expenses. The Tax Cuts and Jobs Act repealed all unreimbursed employee expenses. Form 2106-EZ: Unreimbursed ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Getty Images, miodrag ignjatovic “Mileage allowance” is a term used by the Internal Revenue Service (IRS) to refer to the tax deduction available for taxpayers who use their personal vehicles ...

The Chairman of the Edo State Internal Revenue Service (EIRS), Hon. (Barr.) Oladele Bankole-Balogun, has expressed his determination to revolutionize revenue collection in Edo State, targeting a ...