A relatively smooth filing season offered a lot to learn about the future of the IRS, the importance of tax planning, changes ...

Two crypto directors just vanished from the IRS, and it happened because of DOGE run directly under President Donald Trump.

One of the simplest ways to avoid issues with Venmo tax reporting is to categorize your transactions correctly. Venmo offers two key labels: “Goods and Services” and “Send to a Friend.” These labels ...

Box 3 on Form 1099-MISC or 1099-NEC labeled “Other Income” often becomes the source of major tax complications. This catchall ...

In general, self-employed people can deduct 100% of their health insurance premiums as adjustments to their gross income, ...

Mainstream exchanges will likely further complicate matters when they issue inaccurate or contradictory 1099 forms, resulting in users unknowingly submitting false income tax returns.

Get all latest income tax news, act, article, notification, circulars, instructions, slab on Taxguru.in. Check out excel calculators budget 2017 ITR, black money, tax saving tips, deductions, tax ...

The IRS accepts too many different types of credits ... as well as the appropriate 1099 forms for any additional income. If you are planning on itemizing your deductions, you'll need a Schedule ...

You will receive your refund based on the refund instructions provided on your tax form. For prior surplus tax refunds, over 75% of refunds were issued via direct deposit. It depends on your Tax ...

However, it’s important to remember the extension is only to file your tax return, not to pay owed taxes. If you owe taxes, you should pay an estimated amount before the deadline to avoid paying ...