Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time.
The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.
Form 2441 is used for claiming child and dependent care expenses Investopedia / Zoe Hansen IRS Form 2441 calculates the amount of the Child and Dependent Care tax credit an eligible family can claim ...
The IRS has released 2026 tax brackets—here’s how understanding your bracket can help you save with smart retirement and Roth ...
Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. ArtistGNDphotography / Getty Images If you have income from work, ...
Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...
U.S. persons abroad and foreign persons living in or with connections to the United States may have responsibilities for ...
Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are from ...
Prepare for the 2026 tax season. Find key deadlines, including the expected April 15 filing date, and learn why the IRS is ...
For the right client, these plans can build substantial retirement wealth quickly while offering tax advantages.
Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...