The Form 1098-T, Tuition Statement, is provided to help students and their parents determine eligibility for tax credits under the Tax Relief Act of 1997, including the American Opportunity Credit and ...

Interest from direct U.S. Treasury obligations is generally exempt from state and local income taxes. Read more here.

Get ahead of your finances with our complete 2026 federal tax calendar. Find all key IRS deadlines for individuals, businesses, and more to avoid penalties.

H&R Block's service asks lots of questions related to potential tax breaks, looking for savings that can come, for example, from cash and noncash charitable donations, and H&R Block was able to find ...

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Owners of rental properties, take note: your reporting ...

Child care is expensive — and if you’re paying for care so you can work or look for work, the IRS does offer a meaningful tax break. IRS Form 2441 is how you claim the Child and Dependent Care Credit, ...

(NEXSTAR) – Just days after the start of the 2026 tax filing season, a looming government shutdown could disrupt IRS funding starting this Saturday. Should Congress fail to pass the currently-proposed ...

Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to report self-employment income instead of Form 1099-MISC as traditionally had been used. If you received ...

The IRS has released new guidance in the form of frequently asked questions (FAQs) to help eligible taxpayers claim the overtime compensation deduction. The IRS has released new guidance in the form ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. IRS new Form 708 enforces a 40% transfer tax on U.S. recipients ...