Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.

If you're still waiting on your 2025 tax refund, you're not the only one. Even though the standard tax season wrapped up in ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

Pulling in rides, selling online, or building a creator business puts you in charge of your taxes. Freelancing means there’s no employer to withhold them for you. You are responsible for sending ...

Don’t assume Social Security withholding is enough. Some retirement income may require a quarterly estimated tax payment by the September 15 deadline.

Contributing to a 401(k) is one of the most effective ways to save for retirement. However, it's possible to have too much of ...

As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

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 ...

The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.