The Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to ...

A representative for the Department of Government Efficiency said Thursday that the IRS’ modernization program was ...

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to ...

Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or ...

The challenge of having to navigate countless forms and compiling all of the correct information can turn tax season into an ...

Taxpayers have the option to request a tax extension, which gives you six additional months to file your taxes.

When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks ...

Opinion: The IRS should not have the power to unilaterally impose rules that create unnecessary burdens on small businesses. We need policies that encourage investment, job creation, and economic ...

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses ...

Form 8829 is used to claim the home office deduction by calculating the business-related portion of home expenses.

Tough talk about pursuing tax dodging by corporations and high-income households is gone, and the administration is leaning more on technology for taxpayer service and enforcement.

Read our in-depth FreeTaxUSA review to discover its features, pricing, ease of use, and customer support. Find out if ...