The South Carolina Department of Revenue said any employees who haven’t received their W-2’s should take action now.

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

Your employer forwards the money that's withheld to the IRS on your behalf. The IRS records the receipt and applies it to your tax debt when you file your tax return. The totals are reported on Form W ...

As you prepare to file your 2024 tax returns in 2025, you may be in for some changes. Whether you’re tackling your taxes solo ...

On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

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.

"It's taxable income," said Matthew Foreman, a tax attorney and partner at law firm Falcon Rappaport & Berkman. The winnings are income even if the prediction platforms don't send a notice formally ...

Settlements in the employment law context can set up thorny tax issues for employers. In this alert, we will discuss two key issues companies ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...