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

Small businesses can get tax assistance from the U.S. Small Business Administra-tion and the Internal Revenue Service. The two agencies jointly released a CD-ROM, “The Small Business Resource Guide ...

ETFs have become so popular in recent years in part because of the tax efficiencies that they offer relative to traditional mutual funds. Due to the nuances of the creation / redemption mechanism, ...

Schedule K-1 tax forms are issued by MLPs, enabling investors to report their share of income and losses. Late issuance of Schedule K-1 can delay tax filings, sometimes requiring extensions. These ...

With the arrival of tax season, it's crucial to have all your documents in order, and your Social Security Benefit Statement is no exception. Known as the SSA-1099 or SSA-1042S, this form is mailed to ...

The Bipartisan Budget Act of 2018 introduced a new tax form for seniors effective for 2019 taxes. Known as the 1040-SR, this form is designed to make filing taxes easier for older Americans. “Form ...

The tax form gets its first update in more than three decades. It's officially the new year, which means, among other things, it will be time to file your taxes in no time. (MORE: IRS struggling with ...