The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
Tax changes signed into law in 2025 could bring bigger refunds this year. When does tax season start? When will refunds come?
A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.
The IRS has introduced a new tax deduction for Americans 65 and older under the One, Big, Beautiful Bill (OBBB). The change ...
You don't need to itemize to save on taxes in 2026. These 13 overlooked deductions and adjustments can lower your taxable ...
The IRS has released drafts of some 2026 tax forms, including a draft of Form W-2. The changes are intended to address tax reporting updates, particularly for tipped and overtime workers. Wondering ...
Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...
Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...
In proposed regulations for the car loan interest deduction, the IRS addresses issues for taxpayers and lenders, including eligibility criteria for the deduction and information-reporting requirements ...