A reporting tool that will prepare Form 8881 “Credit for Small Employer Pension Plan Startup Costs” for tax professionals has ...

That website is IRS Direct File, which was well reviewed but little used in its 2024 debut as a free alternative to online tax prep services like TurboTax. I described Direct File, which lets you file ...

Filing taxes can be a daunting task for millions of Americans each year. However, the IRS has introduced a solution to ...

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease ...

More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track your tax refund.

Even so, many people who claim the earned income tax credit or the additional child tax credit need to anticipate delays. The ...

Key Points for Businesses to Remember: IRS & SSA Filing Deadline: Employers must file Forms 1099-NEC, W-2, and 94X electronically by January 31, 2025. Recipient Copy Distribution: Employees and ...

If you are a sole proprietor, fill in all of the applicable areas and lines of: These forms can help you calculate your income and expenses for income tax purposes. To get these forms, go to Forms and ...

Social Security Benefits: Depending on provisional income, up to 85% of Social Security benefits can be taxed by the IRS at ordinary income tax rates. Pensions: Pension payments are generally ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later This form is used by rental property owners to report their rental income and expenses for income tax ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later Use the t2125 form to report either business or professional income and expenses. This form combines ...