Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...

The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

The federal government permanently shut down a pilot program that let some taxpayers file their returns for free. How many ...

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, ...

Direct File won’t be available anymore to do your taxes next year. Here’s what that means once the tax filing season opens in ...

Gifting Bitcoin in 2025? Learn how the IRS treats crypto gifts, what counts toward the $19,000 exclusion, when to file Form ...

Treasury will end Direct File, an IRS bridge to your bank account.

Waiting endlessly for your tax refund can test anyone’s patience. The silver lining? The government compensates you with ...

Imagine this hypothetical scenario: Lorin, a 42-year-old market researcher at a firm who also started his own business, hates ...

Confused by India's 30% crypto tax and 1% TDS? Our comprehensive guide explains the rules, how to handle losses (no set-off!), tax on airdrops and staking, and step-by-step instructions for filing ...

Like many Americans who have reached retirement age, you might be surprised to learn that Uncle Sam can tax your Social ...