W-2 forms are starting to arrive in mailboxes and inboxes. Here's why you need that form for the 2025 tax season.

When a homeowner loses receipts from years of house improvements, how can they document the renovations for the capital gains ...

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

These adjustments, announced by the IRS in October 2024, reflect an approximately 2.8 percent increase in income thresholds ...

The IRS will require centralized trading platforms to report users' crypto transaction information to the tax department ...

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year.

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

The IRS on Friday announced January 27 as the official start date of the 2025 tax season, and expects more than 140 million ...

After identifying your tax rate, multiply your taxable income by this percentage to calculate your withholding amount. Keep ...

As tax season approaches, millions of Americans are gearing up to prepare their 2024 tax returns. However, for those involved ...

A successful new claim for Pension Credit can unlock access to Winter Fuel Payments, help with housing costs and Council Tax.