Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

A Treasury watchdog report reveals how inaccurate tax information impacted FAFSA requests, offering a warning to agencies as ...

In this week's Ask the Editor Q&A, we answer tax questions from readers on paper checks, hurricane losses, IRAs and ...

Avoid costly tax mistakes with your IRA. Learn how skipping IRS Form 8606 cost one investor $50,000—and how you can protect ...

The BBA partnership audit rules are complex and sometimes counterintuitive. This article explains and clarifies five ...

Clear Start Tax Breaks Down Common Filing Mistakes, Hidden Income Triggers, and What Freelancers Can Do to Avoid IRS Trouble ...

Experiencing a payment plan submission error on the IRS website? Here's why it happens, how to fix it, and what to do next.

For now, making tips tax-free appears to have broad support among lawmakers. Both Trump and his Democratic rival in last year's U.S. presidential election, former Vice President Kamala Harris ...

Foreign investors using single-member LLCs to hold U.S. real estate face complex U.S. tax issues — FIRPTA and potential estate tax. Strategies can reduce the tax bite.

Last week, the IRS published the majority of Direct File's source code to GitHub, with one of the people who worked on Direct File noting that "establishing trust with taxpayers was core to our ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.