ALBANY, N.Y. — During the COVID pandemic, many people were either laid off or temporarily furloughed. If that includes you, before you do your taxes, you may need to get something called a 1099-G form ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

The final regulations list more than 70 separate occupations of tipped workers, from bartenders to clowns to golf caddies.

Trump promised a new tax deduction for tips during his 2024 presidential campaign. Former Vice President Kamala Harris, his opponent, echoed that pledge, but she paired it with a pledge to double the ...

You'll need it to report short- and long-term capital gains to the IRS Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and ...

Tip income involving "service charges" will not qualify 'unless the customer has an option to disregard or modify the service ...

These five key tax strategies can help retirees navigate new rules and deductions, reduce your taxes and preserve more of your retirement income.

It's officially Tax Day in the U.S. And if you’ve waited till the last minute to file your 2025 return, don’t panic. Here's ...

So today, we are going to walk through step by step how to actually file your taxes and make the whole process a lot less ...

Tax season is prime time for tax scams. Thieves want to take advantage of your tax-filing anxiety and desire for a big refund, and they use this period as an opportunity to steal your identity ...

Michigan has a flat 4.25% rate for its individual income tax rate on 2025 returns. Michigan's tips and overtime deductions will apply next tax season on state income tax returns for income earned in ...