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A Mackinac County woman has pleaded guilty in federal court to not reporting all her income to the IRS. U.S. Attorney for the ...

This proposed rule would revise standards for determining whether an indirect hold harmless arrangement exists for a health care- related tax. This proposed rule is necessary to implement a provision ...

Above-the-line deductions can be taken even if you decide to take the standard deduction (rather than itemize). See how you ...

Treasury identified more than 4,900 payments, worth approximately $99 million, that were associated with deceased payees.

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions from readers on the Obamacare premium tax credit.

TurboTax Free Edition is still available for people who have simple 1040 tax returns with no special situations and do not opt for any add-ons. Historically, though, there has been some controversy ...

The IRS issued new instructions in March clarifying the tip deduction limit for self-employed individuals. Married couples must share a single $25,000 limit on the qualified tip income deduction, not ...

The IRS has not added new lines to Form 1040‑SR, but seniors do have something genuinely new to work with this year: a significantly larger deduction created by recent legislation. The form itself ...

The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the income tax. In a recent column, I discussed how the federal tax code has ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The imminent December 12, 2025 deadline is only for filing ...

The Alvin. L. Storrs Low-Income Taxpayer Clinic at Michigan State University has 11 law students working to resolve cases. At least half of the cases at the tax clinic involve challenges that tax ...