One of the biggest changes that taxpayers faced last year as a result of tax reform was a new 1040 tax form. The IRS eliminated the popular 1040-EZ and 1040A short forms, requiring everyone to use the ...
What’s the old saying? If you love something, throw it away and then reintroduce in another tax year? Or something like that? Just as the form 1040 appears to be making a return to a more ...
Everyone's getting a new experience this tax season. Thanks to tax reform, preparing your return involves a brand new set of forms, and for the first time, millions of taxpayers are having to use the ...
Days after the Internal Revenue Service (IRS) released two new pieces of guidance for taxpayers who engage in transactions involving virtual currency, the IRS announced another compliance measure: a ...
The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined. There are schedules that will be used for taxpayers ...
After the 2018 tax overhaul, the Treasury and the IRS released a “postcard” version of the individual income tax return. The agencies are now pitching a new draft of the Form 1040. They have also ...
The IRS has released the new-and-improved Form 1040 for your 2018 individual federal income tax return. The good news is the return is now postcard-sized if your tax situation is super-simple. The bad ...
I know it’s not tax time just yet, but I’m excited: The new, redesigned 2018 Form 1040 is out. If you haven’t seen it yet, go to IRS.gov and search for Form ...
Add Yahoo as a preferred source to see more of our stories on Google. If you're staring at your 1040 income tax form and feeling lost, you probably aren't alone. The 1040 tax form was overhauled and ...