Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change ...

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...

Tax season is rarely fun, but it's an inevitable part of life. Whether you're an early filer who knocks it out in February or a last-minute scrambler in mid-April, though, there's always some level of ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

When does the IRS start accepting tax returns? And how long will it take to get your refund? Here are all the dates you need to know as tax season begins later this month. The Internal Revenue Service ...

A stock photograph of a 1099 Misc tax form. Photographed with the Canon EOS 5DSR at 50mp and the 100mm 2.8 L (IS) lens. Incorrect IRS Forms 1099 are a big tax worry. After all, Forms 1099 generally ...

Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

I’m an IRS enrolled agent, which sounds (sort of) cool and scary. What it actually means is that I am licensed by the IRS to prepare taxes and represent taxpayers, which is not cool or scary. The ...