The IRS has been pushing to modernize its tax processing system for several years now, and at the center of it is ...

A CPA can be a valuable asset to your tax toolkit. Here’s a five-step guide on how to find and vet one. Many, or all, of the products featured on this page are from our advertising partners who ...

W-2 forms are starting to arrive in mailboxes and inboxes. Here's why you need that form for the 2025 tax season.

TaxBandits, a leading e-file provider for 1099, W-2, 94x, ACA 1095, and various other tax forms, is excited to introduce BanditAI, an intelligent AI-powered assistant designed to streamline the tax ...

Madras High Court held that exemption to sale of Gloriosa Superba under Tamil Nadu Value Added Tax [TNVAT] will be available to interstate transaction in absence of specific notification issued under ...

With the tax filing season now underway in the United States, here's everything you need to know to file in Minnesota.

Internal Revenue Service. "Instructions for Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts." Page 9. Internal Revenue Service. "Instructions for ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

If your divorce decree was finalized before January 1, 2019, you are required to report alimony or alimony payments you receive on your federal tax return using Form 1040, Schedule 1. In the case ...

States Cutting Income Taxes in 2025: Starting January 1, 2025, nine U.S. states will reduce their individual income tax rates, providing some relief to residents, according to the Tax Foundation, a ...

The Income Tax Department has introduced a new feature on its e-filing portal that allows taxpayers to submit rectification requests online, even if their Income Tax Returns (ITRs) are currently ...