When Americans hear the term "expatriation," they often think of renouncing U.S. citizenship. However, for U.S. tax purposes, expatriation also applies to long-term residents (green card holders) who ...

The deadline for filing federal tax returns for tax year 2024 is April 15, 2025. If you haven't filed yet, you might be able to do so for free online through the IRS Free File portal, which offers ...

Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally saddle you with income you have to report. Of course, if you have income, you must report it, whether or not you receive a Form 1099.

The IRS expects more than 140 million individual tax returns for tax year 2024 to be filed ahead of the federal deadline. Taxpayers residing in a federally declared disaster area may have additional ...

WASHINGTON, D.C. — Taxpayers filing 2025 returns will see new deductions for tips, overtime pay, car loan interest, and seniors under updated Internal Revenue Service forms and instructions, while the ...