Using a tax prep checklist can help reduce your tax-time stress. Here's a roundup of the documents and information you'll need to file your tax return this year.

Tax deductions can lower the amount of income that is subject to tax. Here's more on how tax deductions work, plus 25 tax breaks that might come in handy.

Tax strategy doesn’t just happen in April. While it may feel like you just filed your 2024 taxes a minute ago, the time to set yourself up for success in your 2025 taxes is now. Most high earners with ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

For newlywed couples in the United States, navigating the intricacies of tax filing can be a daunting task. The IRS offers specific guidance to help those who have recently tied the knot avoid future ...

The U.S. Treasury Department has released its preliminary list of 68 occupations that "customarily and regularly received tips" on or before Dec. 31, 2024, that will apply to the tip-related tax ...

The post Treasury Lists 68 Jobs For Tip Tax Break appeared first on Self Employed.

The Trump administration released its preliminary list of occupations not required to pay income tax on their tips under Republicans’ new tax cuts and spending bill. Occupations that qualified were ...