Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

After the University of Nebraska fired Scott Frost on Sept. 11, 2022, after a string of losses, he says the school created over a million dollars in tax liability for income he didn't receive.

The IRS issued guidance for workers eligible to claim the temporary deductions for tip and overtime compensation for tax year 2025 and is updating some income tax forms and instructions to help ...

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 ...

Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

Ready to mail your third-quarter estimated tax payment? Mailing addresses for some Forms 1040-ES have changed. Here’s what you need to know about estimated tax payments—and where to mail them. With ...

A draft version of Form W-2, Wage and Tax Statement, for 2026 includes boxes and codes for reporting qualified tips and qualified overtime compensation that can be deducted temporarily under the ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

As the 2025 tax filing deadline approaches, taxpayers should be aware of several minor, yet important, changes to Internal Revenue Service (IRS) reporting requirements that could impact their 2024 ...