As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...

Many taxpayers are eager to file returns quickly to collect refunds, but it’s important to gather the necessary tax forms first, experts say. Every year, employers and financial companies report ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...

The new tax breaks come with restrictions that many tax filers likely won't expect and definitely won't understand without taking time to review them. Start the day smarter. Get all the news you need ...

The IRS started accepting tax returns on Jan. 27 — and by the April 15 federal deadline, the agency expects to receive more than 140 million individual tax returns. That means millions of people will ...

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 ...