Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Last year, over 100 million Americans received tax refunds. With tax season underway, here’s when you can expect yours to arrive this year.

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

For the 19th consecutive year, the Earned Income Tax Credit (EITC) has launched the "Awareness Day" campaign to provide tax ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

Do you have to file multiple federal tax returns? No, you do not file multiple federal tax returns for each job separately.

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.