Thomson Reuters debuted two agentic AI offerings that are aimed at improving tax and advisory workflows: Ready to Advise and ...

Employers cannot claim an adjustment or refund for taxes withheld on an uncashed distribution check, even if the check is ...

SAN JOSE, CA, UNITED STATES, July 1, 2025 / EINPresswire.com / -- The IRS e-filing season for Form 2290, Heavy Highway Vehicle Use Tax Return, for the July 1, 2025 – June 30, 2026 tax period is ...

Income Tax: Central Board of Direct Taxes (CBDT) released the excel utilities of ITR-1 and ITR-4 but has not of ITR-2.

Modified AGI for this purpose is AGI shown on line 11 of Form 1040 or Form 1040-SR (PDF), plus tax-exempt interest. Yours free, New Tax Rules for 2025.

This payment is part of the third stimulus package approved during the COVID-19 pandemic. Eligible taxpayers can claim this benefit through the Recovery Rebate Credit, found on the IRS Form 1040.

5 tax deductions for people who don’t itemize These deductions, found on Schedule 1 of IRS Form 1040, reduce your adjusted gross income, or AGI, which means a lower tax bill for you.

To get the federal EV tax credit, you have to buy a new and eligible electric car. Here are the currently available eligible vehicles.

Complying with the annual gift tax limit can save you time and money when you are giving to family, friends and others.

Add up the money you spent on your own healthcare for the year. Use IRS Form 1040 or 1040-SR. Enter your Medical expenses on lines 1 through 4 of the Form 1040 or 1040-SR.

If you work in two or more states, you may need to file multiple state tax returns. So, how do you know whether you’re required to file in different states? 5 Times You May Need To File Taxes in ...