As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...
Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...
Joy Taylor: The tips deduction begins to phase out at modified AGI over $300,000 for joint filers and $150,000 for other filers. More specifically, the write-off is reduced, but not below zero, by ...
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