The IRS has unveiled a draft of the new Schedule 1-A form, set to simplify claiming deductions for tips, overtime, auto loan interest, and senior benefits. As part of the OBBBA, this form aims to ease ...

Missed Tax Day? File as soon as possible to limit penalties. Try our fast, hassle-free tax filing. It's just $50. Missed Tax Day? Try our fast, hassle-free tax filing. It's just $50. Here's what you ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...

The Internal Revenue Service (IRS) has just released the updated Tax Form 1040 Schedule C instructions and printable forms for the 2023 and 2024 tax years. TRAVERSE ...

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season. They include moving the question ...