Form 1040 is the essential U.S. tax form for reporting individual income to the IRS. Discover its types, uses, and filing ...
Today, congressional Republicans are pushing tax reform proposals that would cost the country over $5 trillion and would likely widen the racial wealth gap and slow economic growth.1Economic hardship ...
The IRS Direct File program will not be offered for the 2026 filing season, leaving potentially millions of taxpayers without this free file option. The program, which allowed residents in 25 pilot ...
The Internal Revenue Service has announced when the nation’s 2025 tax season will begin. The IRS expects over 140 million individual tax returns for tax year 2024 to be filed between Jan. 27 and Apr.
If you're still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off. Normally, the IRS recommends that people file their income tax return as early ...
Filing taxes is a daunting experience for many Americans, whether it's their first time or they've been doing it for decades. The digital age has made it a lot easier to download your tax documents ...
Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...
ITR filing FY 2024-25 (AY 2025-26: As the timeline for filing Income-tax Returns (ITR) approaches (September 15th for this FY, after extension), individuals, particularly those whose income falls ...
It happens more often than you might think. Life gets busy, finances get complicated and suddenly, a year (or more) goes by without filing your tax return. Whatever the reason, though having unfiled ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Reports indicate that the Trump administration is planning to eliminate the IRS Direct File program. While Republican lawmakers had previously targeted the program, the free tax software program had ...
The program, which allowed residents in 25 pilot states to file directly with the federal tax agency, was officially discontinued this month. The decision to shutter Direct File was set in motion by ...