Often federal tax returns are denied because of errors made by the taxpayer. These errors are often easily fixed if ...

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses should not assume that approval means they do not need to pay estimated ...

Tax extensions are far more common than you might realize - but there are some important things to keep in mind.

Here's when the last day to file taxes is, what documents you'll need, a quick breakdown on some new forms for the 2024 and 2025 tax season and how to track your tax refund. When is the last day ...

A payment app or online marketplace is required to send you a Form 1099-K if the payments you received for goods or services total over $5,000.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

In order to take advantage of the mortgage interest tax break, we have to itemize and file Schedule A of Form 1040 to prove we have tax deductions amounting to over $29,200, which is the standard ...

More than a million Americans are estimated to still be eligible for the stimulus checks issued by the U.S. government in ...

A new survey shows Americans want a simplified tax process but are concerned that cuts to the IRS could make refunds this tax season take longer.

Form 1099-K must be sent to taxpayers by Jan. 31 of the following year. That is, you should have received your 1099-K for 2024 by the end of January 2025. (See the 2025 tax deadlines.) If you sell ...

At the same time, Hall said some small business owners are reporting receiving financial tax forms, such as dividend or brokerage account statements, later than in past years. That often leads ...