In a related news release, the IRS released a draft version of proposed Form 7216, “Multi-Year Reporting Related to Section 355 Transactions,” which under the proposed regulations is required ...

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses ...

IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.

The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax ...

While the regular tax filing deadline is April 15, those living and working outside the U.S. receive a two-month extension and can file by June 16.

IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...

The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump’s tax ...

Here's when the last day to file taxes is, what documents you'll need, a quick breakdown on some new forms for the 2024 and 2025 tax season and how to track your tax refund. When is the last day ...

If you haven’t received your tax forms from your employer by Jan. 31, reach out to your HR department. Keep in mind that every year there are changes to tax paperwork, so be on the lookout for ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

The IRS has set June 16, 2025, as the deadline for these taxpayers to file their 2024 federal tax returns. This extension ...

A taxpayer’s AGI includes wages, tips, business income, retirement income and other forms of taxable income. It is available through a public-private partnership between the IRS and the Free ...