The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

The Internal Revenue Service (IRS) is introducing a new form, Schedule 1-A, to streamline the process of claiming deductions for tips, overtime, auto loan interest, and senior benefits. This ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Quick confession: This is my favorite time of year. I love all of it. In Pennsylvania, the leaves are just starting to turn colors. It’s turning cooler which means that I can open the windows and dig ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

Want to know when you can expect your tax refund in 2025? We have our estimated IRS tax refund schedule right here, which we ...