Mutual aid isn’t gig work, so the tax code shouldn’t treat them the same. Getting multiple $50 gifts through a GoFundMe campaign to help you contend with a crisis brought on by your husband’s stroke ...

To claim the new tax break, you will need to fill out a new tax form called Schedule 1-A. Schedule 1-A is an IRS form used to ...

Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible. “Don’t wait ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

The right tax tools can help freelancers and gig workers organize their income and uncover real savings opportunities.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

That’s because the threshold for receiving a 1099-K tax form has returned to $20,000 under the One Big Beautiful Bill Act, scrapping plans for thresholds as low as $600 under previous legislation. But ...

This paper provides background on the work requirement, outlines system changes that will be needed, describes different approaches states will take toward implementation, highlights considerations ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

This tax prep site lacks help and polish ...

The SALT cap increases to $40,000 for 2025 — up from $10,000 in 2024. The maximum deduction phases down at higher income levels starting at $500,000 in adjusted gross income for 2025 and the benefit ...