Stay informed about IRS Form 1099-K changes for 2024. Learn how thresholds impact e-commerce, personal sales, and tax reporting.

This article will delve into the intricacies of underpayment penalties and offer guidance on navigating these waters effectively.

During his State of the Union Address before Congress on March 7, 2024, President Biden presented an overview of his tax agenda proposed...

Key Findings From the 2024 State Business Tax Climate Index.

The SALT deduction limitation places a cap on the amount of state and local taxes (SALT) that taxpayers who itemize their deductions can....

The early Presidential debates for the 2024 election cycle have begun, and one topic expected to take center stage is the future of the....

You'd be hard-pressed to find someone willing to argue against the idea that taxes...

If you were laid off from your job at some point in the last year, at least take comfort that you are not alone.

As a reminder to those who have not yet filed their 2022 tax returns, April 18, 2023, is the due date to file a return.

You'd be hard-pressed to find someone who enjoys filing taxes. It's something that you're supposed to do like clockwork every single year.

Congress has for years used the tax return to provide benefits to taxpayers in need and incentives to stimulate business activities and...

With tax season upon us, documents reporting income, sales, and other items needed for your 2022 tax return should have arrived or will be..

This article explores the several ways taxpayers can be adversely affected.

Michael J. DaCorta, a 57-year-old man from Sarasota, Florida, recently learned that the biggest downside of cheating the IRS and running.

An old saying reminds us that there are only two certainties in this life: "death and taxes." Whoever coined that phrase couldn't have...

If you still need to complete your 2021 tax return by April 18th, 2022 and are now on extension, that extension expires on October 17th.

To help struggling taxpayers affected by the COVID-19 pandemic, the IRS has issued a notice, which provides penalty relief to most people...

Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s...

Some people may choose not to file a tax return because they didn't earn enough money to be required to file, but these folks may miss...

If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can...