IRS: Residents of more than a dozen states not required to report ‘special payments’ for welfare, disaster relief on their federal returns

irs on friday released federal tax guidance For millions of Americans receiving state exemptions or payments…

Biden to revisit ‘billionaire minimum tax’ in State of the Union address

President Joe Biden delivers the State of the Union address on March 1, 2022. Win McNamee…

Don’t risk a tax audit. Here are four reasons the IRS may flag your return

dmphoto | E+ | Getty Images tax season is underway, and there’s been Increased IRS Scrutiny…

Here’s who can claim the home office deduction on this year’s taxes

Morsa Images | DigitalVision | Getty Images If you worked from home in 2022, you may…

How to figure out the best time to file your tax return: Don’t ‘race to the finish line,’ say tax pros

As tax season begins, you may be eager to file your tax return. fast return And…

After a tough year for crypto, here’s how to handle losses on your tax return

A deteriorating macroeconomic climate and the collapse of industry giants such as FTX and Terra have…

The Fair Tax Act, explained: what to know about the Republican plan for a national sales tax, decentralized IRS

John Miller | iStock | Getty Images A group of House Republicans is revisiting the Fair…

IRS warns tax refunds may be ‘somewhat lower.’ With high inflation, that’s a ‘double whammy’ for families, says advisor

Bill Oxford | E+ | Getty Images If you’re banking on a tax refund, it could…

Oscar-nominated ‘Everything Everywhere All At Once’ features an IRS ordeal, but here’s what really happens in an audit, according to tax pros

Michelle Yeoh in “Everything Everywhere All at Once”. Source: IMDB Tax audits are rare The tax…

These are the key tax forms you need to file your return — and when to expect them

If you’re hoping for a refund this season, it’s important to file a complete and accurate…