The New Tax Law Contains a Marriage Penalty
Learn about the two marriage penalties contained in the new tax law.
What You Need to Know About the New IRS Form 1040 for 2018
The new Form 1040 replaces Forms 1040, 1040A, and 1040-EZ with one Form 1040 that all taxpayers will file.
IRS Extends 2019 Income Tax Filing and Payment Deadline in Response to COVID-19
In response to COVID-19, the IRS is extending the time to file and pay 2019 income taxes by 90 days -- until July 15, 2020.
The IRS Taxpayer Relief Initiative
This IRS initiative offers relief for taxpayers still struggling in the wake of COVID-19.
Taxation and Repayment of COVID-Related Retirement Distributions
Those who withdrew money from a 401(k) or IRA under the COVID-related distribution rules of 2020 now have to pay taxes on the amount.
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Is Unemployment Insurance Taxable Income?
This may come as a surprise to many, but unemployment benefits generally are taxable.
Are Disability Pensions and Benefits Taxable Income?
Not always, but many disability-related payments are taxable income.
Taxes When You Sell Things Online
Find out what your tax reporting obligations are if you sell something online.
Are Merit Awards Taxable?
Usually, yes-- although there are ways to avoid owing taxes by giving the money away.
How to Avoid Estimated Tax Penalties
Learn what estimated tax penalties are and how to avoid them.
Will I Have to Pay Taxes on Stimulus Checks?
Find out who is eligible to receive stimulus checks, how much to expect, and whether that money is taxed.
Independent Contractors Must Pay Self-Employment Taxes
If you have a second job as an independent contractor, you'll have to pay self-employment taxes on the income you receive.
How a Resident Alien Is Taxed
Just because you're not a U.S. citizen doesn't mean you don't owe taxes to the IRS. Whether or not you owe taxes depends on how much time you spend in the U.S.