Income Tax

Following a review of the tax extenders legislation signed into law this week, the Internal Revenue Service says that tax season will begin as scheduled on Tuesday, Jan. 19, 2016. The IRS expects to receive more than 150 million individual returns ...

The PATH Act makes more than 20 tax breaks permanent in addition to retroactively extending a slew of others for two or more years. Here’s a roundup of the key individual, business and miscellaneous provisions in the new measure.

This IRS Form 1099-Misc is for reporting income received from Jan. 1 to Dec. 31, 2015, which the recipient will file a tax return for in 2016.

This IRS Form W-2 is for reporting income earned during Jan. 1 to Dec. 31, 2015, which the employee will file a tax return for in 2016.

When will you get your income tax refund? If you're one of the millions of Americans who are asking that question (or will be in the coming weeks), we have the answer. It depends on a couple of factors, but the good news is that there are several ...

For tax year 2015 - which Americans must file by April 18, 2016 - the has announced annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. The tax items for tax year 2015 ...

The new “tax extenders” legislation just unveiled by Congress does more than merely extend dozens of expires tax breaks. It also makes several important provisions permanent, with certain modifications, while delaying onerous rules under the Affordable...

Now is the time to start thinking about recent tax changes and how they affect your business. Even for the most organized among us, keeping the mountains of tax details straight is a tough and trying task, taking the focus off of the daily ...