With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

Tips are considered taxable income, and individuals are required to report them on their federal income tax return or suffer ...

How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?

Some taxpayers say they are not particularly worried about making mistakes on their taxes this year, given the widely ...

CNBC Select explains how to file your taxes safely and accurately to avoid mistakes, penalties and scam artists.

As the April 15 deadline looms, taxpayers across the United States are facing the annual rush to file their federal income ...

The IRS and other government agencies have some leverage over the amount of your tax refund -- but you also have some power ...

In an executive order, President Donald Trump outlawed paper checks in favor of going all in on electronic payments.

Filing an extension prevents the IRS from imposing the costly failure-to-file penalty, which is assessed if you fail to file your tax return by the deadline. The failure-to-file penalty is a hefty 5 ...

Find the best tax software for filing in 2025, with options for individuals, businesses, and self-employed users. Compare ...

Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.

Form 8949: For reporting capital gains and ... Sum your net gains/losses. See the “2024 Federal Income Tax Brackets” section for how these are taxed. Record FMV in USD when received (e.g ...