Before you pay to file your returns for tax year 2024, consider the many competing software services that let you settle up ...

IRS Form 8949 is crucial in reconciling the information ... This information should be downloadable from your brokerage website. Online tax preparation software will transfer it over automatically.

Tax season might not start until next year, but the IRS is warning the public to be on alert already for holiday season scams ...

The holiday season might feel jam-packed with parties and gift shopping, but if you can make some time to adjust your ...

The Allahabad High Court has held that an assesse claiming refund of excess TDS (tax deduction at source) is not required to ...

Failure to disclose foreign income and assets leads to violation of Black Money and Imposition of Tax Act, 2015. The last ...

If your income, investments or life situation has changed, it might be time to use a different tax software. Read our reviews ...

tax form used to report business-related income and expenses. Schedule C must be submitted with Form 1040, the standard tax return form. If you're self-employed, a sole proprietors of a business ...

U.S. individuals who receive interest, dividends or other income from U.S. sources. The form, also known as the Certificate ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441.

Lockheed Martin said on Monday it had formed a subsidiary that will help U.S. defense companies incorporate artificial ...

The IRS said Friday that it is providing relief from certain penalties imposed solely for failure of a partnership with unrealized receivables or inventory items to furnish Part IV of Form 8308, ...