Without requested funds, the IRS says it will only be able to answer 16% of calls during next year’s tax filing season, and only 11% of all calls in FY 2026.

The administration has ended free income tax filing, but that didn't stop the IRS from open-sourcing its frontend Direct File tax program.

Before making a gift to someone, it’s important to understand how it will be taxed and the IRS’s annual and lifetime gift tax ...

If you prefer using a pen and paper to file your taxes every year, you might want to consider using a special tax form that is catered to seniors.

Amid the agency's turmoil this year, the Internal Revenue Service has some good news from 2024 regarding service and ...

The Canada Revenue Agency’s publications and personalized correspondence are available ... The Canada Carbon Rebate (CCR) is a tax-free amount paid to help individuals and families offset the cost of ...

The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers' compensation premiums are only deductible when they are ...

The Schedule D tax worksheet helps investors calculate certain kinds of investment income for the Schedule D form, including depreciated real estate. The Schedule D form tells the IRS when a ...

Download and save the PDF to your computer Open the downloaded PDF in Acrobat Reader 10 or later This form is for individuals who want to claim investment tax credits (ITC) for the current year.