Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...

Even if you dread doing taxes, the good news is there are some new ways to increase your refund. Miguel Burgos, CPA and ...

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

Applying for a six-month extension is easy, but IRS rules still require you to make a proper estimate of the taxes you owe. A ...

Preparing a 2025 tax return is likely to take more time, as workers who received tips or overtime pay in 2025 figure out what qualifies for new tax breaks. IRS gives some very specific examples in ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

For financial advisors and certified public accountants, a client’s prior year’s tax return is more than a record of history; it is a diagnostic tool. By carefully reviewing key lines and schedules, ...

New IRS data shows the average refund rising to $3,676, well below earlier projections that suggested refunds could increase ...