As the financial year 2024-25 nears its end, taxpayers must focus on important tax-related documents, including the Income ...

Cash App Taxes functions just like any other tax filing software but lets you file federal and state taxes for free.

Tax debt may sound straightforward, but it's really a complex situation that impacts millions of people each year.

Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or ...

A new survey shows Americans want a simplified tax process but are concerned that cuts to the IRS could make refunds this tax season take longer.

For those in need, Form 4868 is the unsung hero of spring, granting you an automatic six-month extension to file your tax ...

Robert Thorpe is a Newsweek reporter based in Massachusetts. His focus is reporting on personal finance topics, including banking, Social Security, investing and more. Robert joined Newsweek in ...

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 ...

That way, the right deduction amount will be subtracted from your taxable income. If you’re filling out a paper tax form, choose the correct standard deduction for your filing status and ...

Whether you receive a Form 1099-K or not, if you received taxable income from the sales of goods or services, you’ll need to report it on your tax return. If you used a payment app to exchange ...

Summary: Choosing the correct Income Tax Return (ITR) form is essential for accurate tax filing. The type of income you earn—whether from salary, business, capital gains, or foreign sources—determines ...

New Delhi: The Central Board of Direct Taxes Tuesday introduced new rules for business trusts and investment funds, tightening compliance requirements and updating tax return forms. Under the new ...