The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that ...

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

Starting in 2025, the IRS will begin eliminating paper checks for refunds. If you’re still receiving checks by mail, expect that option to disappear in future tax seasons. Direct deposit remains the ...

Q: I am a sole practitioner and work from home. My computer, supplies, phone, etc., are at the home office. I do have an outside office available to me if needed, but it is part of a “virtual rental” ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...

Section 1. Purpose. The Congress has recognized that effective Government administration requires excepting some positions from the competitive service based on their confidential, policy-determining, ...

Child care is expensive — and if you’re a working parent or caregiver, you’ve probably felt the sting. But here’s the good news: if you paid for child or dependent care so you could work or look for ...

Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed to ...