Small businesses that are sole proprietorships, partnerships or limited liability corporations are allowed to deduct costs for workers' compensation insurance from their federal and state taxes.

What does the IRS tax refund timeline for June 2025 look like? For Americans who have filed paper returns between May 1 and May 15 this year, the refund is expected anytime betwee ...

The IRS issued an important warning in April of 2025, alerting Americans to the fact that around $1 billion in refunds remain ...

A Social Security Administration letter advising of a reduction of his self-employment earnings record and an IRS refund were ...

Gifts you make throughout your lifetime can be protected from taxation by exclusions of many millions of dollars if you ...

The Internal Revenue Service has been erroneously sending out notices to tax exempt bond holders informing them about ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses.

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it ...

The IRS’s extended June 16 deadline gives you a little more time to prepare and file your return, along with any applicable ...

That rate will be applied to any supplemental wages, such as bonuses, up to $1 million during the tax year. If your bonus ...

The Internal Revenue Service (IRS) has extended the deadline for US taxpayers residing abroad, including military personnel ...