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

With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

There is a lot to know when it comes to filing taxes. Our complete guide for the 2024 tax year (filing in 2025) should help. Ibuprofen sold separately. More From The Penny Hoarder: 22 Legit Games That ...

Sole proprietors and individual partners in a partnership are also subject to self-employment tax for Social Security and Medicare and must attach Schedule SE to their 1040 or 1040-SR form.

Simple Form 1040 returns ... and a review by a tax pro is available for a fee. Cedar Rapids, Iowa-based TaxAct is a member of the Free File Alliance, a partnership with the IRS that makes free ...

In recent years, the utilization of qualified small business stock (“QSBS”) has grown considerably. Many businesses are ...

The Internal Revenue Service has released new guidance, Rev. Rul. 2025-3, clarifying the application of Section 530 of the Revenue Act of ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

The trick to getting your refund sooner is to combine electronic filing with direct deposit. When filing a paper tax return, ...

There are numerous ways to file your taxes for free, especially if you meet certain income requirements or have a simple tax return. Some programs are directly offered by the IRS, while others are ...

H&R Block makes one of the most popular online tax preparation programs. It’s ideal for a broad range of tax situations, though people with complicated taxes may feel more comfortable paying more to ...