As we step into 2025, millions of Americans are set to experience a notable change in their Social Security benefits. The Social Security...

Tax season can be stressful, especially if you're worried about penalties. Whether you're an individual or a small business owner, IRS...

In the labyrinth of tax regulations, the self-employed health insurance deduction stands out as a beacon of relief for self-employed...

Underpayment penalties are a common concern for taxpayers, and many are unaware of how substantial they can be. These penalties are...

About 3 out of 4 American taxpayers receive a refund each year when they file their income tax returns, but there are those who for one...

To ensure individuals properly report all their income, the IRS has an ever-expanding series of information-reporting forms used to...

Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws as outlined below....

As published by the Tax Foundation, thirty-four states will ring in the new year with tax changes, including Indiana. They noted that...

The IRS Tax law, since 2011, has required third-party settlement organizations such as Venmo, PayPal, CashApp, and Ebay to report...

The House Ways and Means Committee has released an extensive list of proposed tax changes that impact individual, retirement,...