Cryptocurrency exchanges are moving to a new way of reporting users’ profits to the IRS — and the switch could expose investors to a steeper tax bill if they aren’t careful. A tax form that’s more ...

The tax department on Saturday (February 7, 2026) released draft rules and forms under the new Income Tax Act, 2025, which proposes to simplify the provisions and reduce compliance burden for ease of ...

Corrections & Clarifications: This story has been updated to correct when Colorado taxpayers will have to add the portion of overtime pay that will not be subject to federal income taxes back to their ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet. Credit...Joanne Joo Supported by By Tara Siegel ...

Accrual, a tax prep and review platform for firms that launched today with $75 million in funding, supports every federal and state tax form, as well as the unstructured data to fill it, according to ...

U.S. taxpayers preparing to file returns for 2025 — deadline April 15, 2026 — have one fewer free option this year. Related Articles Letters: BART should clean house, not hike sales tax H&R Block made ...

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

PHOENIX — Gov. Katie Hobbs is disavowing what members of her Department of Revenue told lawmakers about what happens if people start filing state taxes using the forms now available. The governor said ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

The Union Budget 2026–27 did not introduce any changes to income tax rates, but announced several targeted measures to ease the compliance burden for individuals and small taxpayers, part of a broader ...

It's time to start filling out your income tax returns and the volunteers at VITA in Oak Ridge are ready to help - and the help is free. The Volunteer Income Tax Assistance will be offered Feb.

Those W2s and 1099s are starting to trickle into your mailbox and inboxes. Yes, tax season is upon us, and there are new and updated tax withholdings you'll need to know before filing. What are ...