Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

The IRS is getting on with it quietly and rewriting a section of the tax playbook. This month, the agency published a draft of new form - Schedule 1-A, "Additional Deductions" - th ...

A blog by the AHA’s Aaron Wesoloski, vice president of research strategy and policy communications, and Megha Parikh, associate director of health analytics policy, explains the importance of ...

IRS tax breaks for workers are here. Millions can now keep more of their tips and overtime pay. New deductions for 2025–2028 make it easier to reduce taxable income, save money, and help working ...

USO ETF tracks crude oil prices via futures contracts, not actual oil barrels. Trading in USO can lead to underperformance in contango situations due to futures rolling costs. USO has complex tax ...

Read our in-depth H&R Block review covering pricing, features, and pros & cons to help you decide if it's the right tax solution for your business.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions (QCDs) in end-of-year tax planning.

In 2022, tax-exempt hospitals participating in the 340B Drug Pricing Program provided nearly $100 billion in total benefits to their communities, according to a new AHA report.

Returning NRIs must first determine their residential status to avoid double taxation, report foreign assets, and use RNOR benefits for smart tax planning.