If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Cryptocurrencies, commonly referenced as digital assets in tax regulations, are treated as property for U.S. tax purposes ( IRS Notice 2014-21 ). This treatment means that general tax principles that ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from charging people to use their software.

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often, and the value of the deduction increases with the price of a home,” ...

In support of the health of our patients and communities, as well as the stability of the entire health care system, the AHA urges Congress to extend the enhanced premium tax credits.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

These resources can help you file with confidence, get the biggest tax refund possible and minimize the headaches.

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

It is important for taxpayers to carefully follow these instructions to ensure accurate tax calculation. Form 10-IE Individuals earning income from a business or profession are allowed to change ...