Additionally, the ITAT pointed out that the PCIT invoked Explanation 2 of Section 263 in the final order but did not mention or confront the assessee with this basis during the show-cause stage, ...

According to the IRS, for 2024, businesses and workers are required to report income of $5,000 or more from these apps. In ...

Direct File was piloted last year in 12 states and has since expanded to 25. But some wonder whether the program will last ...

You might get a $1,400 stimulus check from the IRS. If you haven't already received one, it's not too late for eligible taxpayers to meet the deadline.

When your tax forms are late. You technically don't need a 1099 form to file a tax return. What the IRS cares about is that ...

There’s a new tax form coming your way for the 2025 tax year. Form 1099-DA will make filing your capital gains taxes on ...

But there are still millions of Americans who can file their tax returns at no cost, especially if they meet certain income requirements or have a simple tax return. Some programs are offered ...

In a letter to the IRS, the AICPA recommended changes to the final regulations for generation-skipping transfer (GST) ...

Rhythm has been on fire lately. In the past six months alone, the company’s stock price has rocketed 78.8%, reaching $102.62 ...

Here are the best tax software picks for 2025. Prices and other details are accurate as of April 4, 2025. Premium: See offer landing page for details. Includes all forms + live chat support ...

You're not doomed if you've waited until the final weeks and days before the April 15 deadline to send in your return.

The IRS will give you proof of health insurance for your taxes, called Form 1095. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 ...