The IRS issued the proposed regulations to reflect changes made by H.R. 1 to the threshold for backup withholding for ...

TaxAct. TaxAct falls right in the middle of the personal tax prep services we test, both in terms of price and features. It ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

Residents preparing for the 2025 tax season should be aware of several federal tax changes that could affect their returns.

TaxSlayer comes in five versions that look and work the same. Unlike some competitors, TaxSlayer charges more for additional ...

FreeTaxUSA keeps getting better. The latest version of the tax prep app now lets you import Form 1099s—including the new 1099 ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Discover the fundamentals of Medical Savings Accounts, their historical evolution, types, and how they compare to Health ...

Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...

Whether you're a sole proprietor or own a microbusiness, you don’t need to spend a lot of money to manage your finances.

If you’re self-employed, you’ll want to be sure the tax software you choose can handle the complexities of multiple 1099s, quarterly taxes and key business deductions. We tested and scored major ...

Advisors must navigate new wallet-to-wallet reporting, Form 1099-DA requirements, and digital asset estate planning ...