New IRS form Schedule 1‑A unlocks 4 major tax deductions for 2025

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What ...

Filing For A Tax Return Extension? Don’t Make This Common Mistake

Applying for a six-month extension is easy, but IRS rules still require you to make a proper estimate of the taxes you owe. A ...

Homeowner tax deductions and documents: What you need to know before you file

Splitero reports homeowners should review tax deductions and credits before filing 2025 returns, including itemizing vs.
WGNO

How long should you keep tax return records?

(NewsNation) — The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after filing. That’s because the IRS has a statute of limitations to ...
Tax Guru

1040 vs 1040 NR – Understanding Which Tax Return You Need to File

This guide explains how to determine whether to file Form 1040 or 1040NR based on tax residency. Key takeaway: Correct ...

Average tax return up 10% from last year but fewer returns filed as April 15 nears

There is officially less than one month left to file taxes in Tennessee, and reports show fewer people have filed than in ...

Lawsuit Settlements Involve Tax Forms, Here’s What To Expect

If the defendant thinks they may need to issue a Form 1099, they will ask for a Form W-9. If they fail to get a signed W-9, ...