An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.

All those expenses come with a silver lining, however -- tax credits and deductions for your home can lead to a bigger tax ...

As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

Income tax season has begun. Individuals are expected to file more than 160 million federal returns for tax year 2024. Most ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

Granted, the IRS has noted, that all income, no matter the amount, is taxable unless it’s excluded by law whether a Form 1099-K is sent or not. What taxpayers need to know, though, is that ...

Americans who are looking for the speediest possible refund for the 2024 tax year can get started today with the official opening of tax season. Today (Monday, January 27, 2025) is the first day ...

This year, users will have the option of having their Direct File tax form filled in with some information the I.R.S. already has, like their name, address and Social Security number. They’ll ...

When tax season rolls around, most people either look forward to a refund or brace for the payment they owe. For an increasing number of Americans, though, paying their tax bill is simply not an ...

PayPal exposed user Social Security numbers in tax form fix Company addressed issues promptly, New York regulator says PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an ...

If a U.S. citizen or resident received a gift or bequest from a foreign person after June 17, 2008, they may be required to file Form 708 and pay the Section 2801 transfer tax to the IRS.