Learn how to complete your 2025 W-4 Tax Withholding Form accurately to ensure the correct tax amount is withheld, preventing underpayment or overpayment.

The deadline to file your 2024-2025 taxes is April 15, 2025. You can track your refund status through the IRS website or the IRS2GO mobile app. If you miss the April 15 deadline, you can file for an ...

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 ...

Did you just receive a form called a 1099-K, a form that you never, ever saw in your lifetime? Well, do not ignore any 1099-K that pops up. Take your time to understand this one. More taxpayers will ...

Tax season is well underway, with many people who have already filed eagerly anticipating their return. However, if you haven ...

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 ...

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 (IRS) announced this week that more than a million taxpayers are running out of time to submit their tax returns and get unclaimed tax refunds from 2021. More than 1.1 ...

An IRS notice says employers won’t face penalties if they don’t provide a separate accounting of cash tips and overtime ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.