In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their death. The need for these filings is dependent upon the income that the ...

Summer is almost officially here, but so are the next big IRS tax deadlines.

New IRS data shows the average refund rising to $3,676, well below earlier projections that suggested refunds could increase by $1,000 or more this year. Tax filings also lag behind. There's just a ...

With bigger tax refunds expected this season, it can be tempting to file returns earlier than usual. But incomplete filings can raise flags for the IRS, delaying processing or even triggering an audit ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...

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Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...

If you're one of the millions of Americans who purchased a new car last year, you could benefit from a new tax break that allows taxpayers to deduct interest paid on their auto loans. The car loan tax ...

Rebecca Rosenberg has 10+ years of experience as a writer and content strategist. She has written dozens of articles on retirement, financial planning, business, tech, and more. Rebecca has a master’s ...

Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks ...

Tax season crooks are like pickpockets who take advantage of the holiday rush to steal credit cards. Calls from fraudsters demanding tax payment now continue. In Michigan, victims lost $875,224 to ...