If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...

The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...

Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and ...

With a new year here, that means a new tax filing season is just around the corner. Here is what you need to know.

If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...

The IRS will begin processing 2024 tax returns sometime during late January 2025. The last day you can file your 2024 taxes ...

Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are the ...

Missouri residents may soon pay a flat 4% state income tax, under a plan advanced by Republican lawmakers who want to ...

The new year means new adventures, but it also means tax season is starting soon. Here's what to know about deadlines and new ...

The 1099-K form is a requirement for companies like ‘Venmo’ and ‘Etsy.’ It’s a law change that those with online businesses ...

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...