The move is in response to challenges introduced by new disclosure requirements under the One, Big, Beautiful Bill.
Using the wrong IRS form (W-8BEN vs. W-9) can trigger tax withholding, delays, corrections and worse. Know your tax status to file the right form and avoid IRS issues.
The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...
Over two dozen states incorporated the free tax software in 2025, but the IRS has decided to discontinue the program.
The new OBBB requires tip & overtime tax reporting, but the IRS has issued a penalty relief for 2025, as employers adjust.
The Trump administration has decided not to offer the IRS' electronic tax filing system for free next year, and its future is unclear.
The Internal Revenue Service is giving auto lenders some breathing room on new reporting rules tied to the "One Big Beautiful ...