How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

Navigating the complexities of the Premium Tax Credit can be daunting, but understanding who qualifies is the first step ...

An IRS Form 1095 will give you proof of health insurance for ... Using the 1095-A as proof you have health insurance, you can then complete Form 8962 to file with your tax returns. This will calculate ...

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different ...

Robert W. Wood is a tax lawyer focusing on taxes and litigation. Closeup of Form 1099-NEC and 1099-MISC. The IRS has reintroduced Form 1099-NEC as the new way to ... [+] report self-employment ...

Languages: English. With the Internal Revenue Service (IRS) processing about 140 million tax returns annually and issuing refunds averaging $3,100 per filer, even minor slowdowns could affect ...

If you owe money to the Internal Revenue Service (IRS) but can't afford to pay it off immediately, that delinquent tax debt can end up having a big impact on your financial health. After all ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

Or . . . maybe not. The most noteworthy new program for free tax-prep, IRS Direct File, came under fire this week from Elon Musk, who tweeted Monday that the service had been “deleted.” ...