The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

IRS Free File is one way in which taxpayers can file their returns and payments with the federal tax service free of charge. Usually, private tax preparers charge ...

The IRS Free File program is set to open later this week to allow eligible taxpayers to file their taxes for free using tax ...

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

Those who received more than $5,000 in payments for goods and services through an online marketplace or payment app in 2024 should expect to receive a Form 1099-K PDF in January 2025. A copy of this ...

The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...

Taxes are due by April 15, which falls on a Tuesday this year. If you don't expect to file by then, you can request a six-month extension.

Often, these plans require a litany of various U.S. reporting forms, including the FBAR, IRS Form 8938, IRS Form 3520, and IRS Form 3520-A. Which form applies, if at all, is not always clear.

Despite the delay before the release of the DeFi broker tax reporting rule by the US Treasury, the framework is now ...

especially the US Internal Revenue Service. In this regard, US taxpayers could be paying cash in the form of a Foreign Tax Credit to the oil companies using a mere Guyana business contract ...