As the 2025 tax season unfolds, the IRS has introduced several updates to the Form 1040, the cornerstone of tax filing for ...

Tax scams are worse than ever. Getting an IP PIN from the IRS can stop identity thieves from stealing your tax refund.

As the 2025 tax filing season progresses, the Internal Revenue Service (IRS) has outlined key updates taxpayers need to know ...

Amended tax returns do not automatically raise red flags with the IRS, but certain factors can increase scrutiny.

Inflation affects millions of people across the United States, and the prices of goods and services are rising, which mainly ...

Hard copies of forms will be available at DRT’s Income Tax Branch. Guam Forms 1040 and 1040-SR can be accessed at www.myguamtax.com and www.guamtax.com. For additional forms or instructions ...

Tax season opened on January 27, meaning taxpayers can now file and pay their tax returns with the Internal Revenue Service.

The amounts and types of interest impact which tax form is to be used. Taxpayers who receive over $1,500 of taxable interest must list all of their payers on Part 1 of Schedule B on Form 1040.

On Friday, the IRS released its second week of statistics comparing Feb. 9, 2024, and Feb. 7, 2025. The IRS has processed ...

Around 48 million people can benefit from the Child Tax Credit (ACTC), which is a relief for families with low finances, and ...

You can estimate your tax liability by using the Estimated Tax Worksheet on Form 1040-ES or using tax software [0] If you can't afford your entire tax bill, the IRS recommends paying what you can ...