The IRS issued the proposed regulations to reflect changes made by H.R. 1 to the threshold for backup withholding for ...

TaxAct. TaxAct falls right in the middle of the personal tax prep services we test, both in terms of price and features. It ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

Residents preparing for the 2025 tax season should be aware of several federal tax changes that could affect their returns.

FreeTaxUSA keeps getting better. The latest version of the tax prep app now lets you import Form 1099s—including the new 1099 ...

While automakers advertise the best luxury car lease deals, not everybody may be eligible. Just like buying a car, a lessee's ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return.

Discover the fundamentals of Medical Savings Accounts, their historical evolution, types, and how they compare to Health ...

April 15 is your deadline for filing your 2025 tax return, and it’s also your deadline for funding an IRA for 2025. If you haven’t yet made your contribution, it’s time to get on the stick. For 2025, ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...