The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...

TaxAct. TaxAct falls right in the middle of the personal tax prep services we test, both in terms of price and features. It ...

Plus: Bonus depreciation is back, opening a Trump account, California’s billionaire tax, Head of Household filing status, ...

State legislators heard dire warnings last week that losing the SSUT would eliminate revenue three times larger than ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the United States, consumption tax comes in the form of retail sales tax and excise tax (tax imposed on ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

Act 621, which became effective January 1, created the Farmers Sales Tax Exemption Card, a wallet-sized card issued by the ...

Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

People are being advised what reselling online could mean for their tax liabilities to avoid an HMRC investigation ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...