A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

The agency has said thousands of taxpayers have filed inaccurate returns after following misleading social media advice.

The Internal Revenue Service (IRS) has officially announced that standard tax forms and withholding tables will remain unchanged for the 2025 tax year, despite the recent enactment of the One Big, ...