Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

IRS rolls out Schedule 1-A for 2025, adding new deductions for tips, overtime, car loans on U.S.-made vehicles, and enhanced breaks for seniors.

The IRS is getting on with it quietly and rewriting a section of the tax playbook. This month, the agency published a draft ...

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

IRS: The IRS is introducing Schedule 1-A for 2025 tax returns, offering new deductions for qualified tips, overtime pay, car ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more.

As taxpayers gear up for the 2024 tax season, the IRS has released the anticipated tax refund schedule dates. TRAVERSE CITY, MI, US, July 24, 2023/EINPresswire.com ...