The government shutdown and IRS furloughs have everyone wondering if it will affect the October tax extension deadline for those who requested one on their 2024 taxes back in April. Here's what to ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

What do Taylor Swift and Travis Kelce have in common? It’s obvious. They represent the unluckiest pair of occupations when it comes to dealing with state income taxes. They also just got engaged. But ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

Internal Revenue Service Commissioner Bill Long said the agency will end its Direct File program after a limited pilot and one full filing season. President Donald Trump's massive spending and policy ...

Last year, the US Internal Revenue Service (IRS) released Form 15620 for taxpayers to make elections under section 83(b) of the Internal Revenue Code, an important part of US tax planning for founders ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

TaxZerone offers comprehensive tools and support for accurate and timely 2290 filing. SAN JOSE, CA, UNITED STATES, July 1, 2025 /EINPresswire.com/ -- The IRS e-filing ...

An audit of Susan’s IRA activity revealed that she paid income tax on $50,000 that qualified to be tax-free. Susan mistakenly believed that her IRA custodian would inform her how much of her ...