In this week's Ask the Editor Q&A, Joy Taylor answers questions on preparing and filing your 2025 Form 1040.
As the end of the year approaches, now’s the time to start preparing for filing your 2024 tax return in 2025. When it comes to tax strategies, generally Dec. 31 is the deadline to make changes that ...
The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...
Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...
Young and the Invested on MSN

No tax on tips? Not so fast!

The tip deduction doesn’t completely eliminate taxes on tips. The deductible amount is limited, it isn’t available to every ...
The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...