The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

Navigating the complexities of tax reporting can be daunting, especially for freelancers and those with side hustles. The ...

The average American who hires a tax preparer to file even a simple return will spend upwards of $200, according to industry estimates. This year, however, taxpayers have more options than ...

If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

The IRS has published a private letter ruling on Treasury Regulations Sections 301.7701 and 301.9100 granting the taxpayer an extension of time to file Form 8832 to elect to be ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

Institutional investment managers who were preparing to file their initial Form SHO on Feb. 14, 2025, have been granted a one ...

Elon Musk, head of the chaos-causing Department of Government Efficiency, made an assertion this week that raised questions in some people’s minds about the status of the IRS Direct File program.

Third party payment apps are required to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how much ...