The Internal Revenue Service will soon release a comprehensive set of 1040 tax forms, schedules, and instructions for the tax year 2024. TRAVERSE CITY, MI, US ...

The 1040 tax form is the form most people use for filing taxes. It's not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 that was designed to make it shorter and ...

IRS: Taxpayers looking to claim some of the new deductions tucked into the recently passed One Big Beautiful Bill Act will need to prepare for extra paperwork. The Internal Revenue Service has ...

Over the past few weeks, I have been breaking down the new “cryptocurrency question” on IRS Schedule 1. In this final post of the series (part 6 of 6), we will take a deep dive into the “financial ...

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season. Processing Content They include ...

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season. They include moving the question ...

Taxpayers could be stretched to new limits in 2026 as complicated new tax breaks kick into place on 2025 federal income tax returns.