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 ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The Internal Revenue Service (IRS) has officially announced that standard tax forms and withholding tables will remain unchanged for the 2025 tax year, despite the recent enactment of the One Big, ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Wondering about a stimulus check in 2025? See Trump rebate eligibility, IRS where's my refund, get my payment status tracker by social security number ...

The IRS has announced that, as part of its phased implementation of the new tax law, there will be no changes to withholding tables for 2025. The IRS added that there will be no changes to certain ...

An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned ...

Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.