Forbes contributors publish independent expert analyses and insights. Matthew Roberts is a tax attorney who covers tax litigation and fraud. Taxpayers who acquire assets during the course of their ...

The 2025 filing season has been completed quietly, despite trepidation regarding the Internal Revenue Service's ability to function effectively in the face of cuts in funding and staff. Processing ...

The “Big, Beautiful Bill” signed into law this month by President Trump promises tax relief for tip workers and small businesses, while ending clean energy incentives—and leaves many details as ...

Included in the Taxpayer Relief Act of 1997, the Child Tax Credit was originally nonrefundable and worth $500 per child 16 or under. Subsequent legislation increased the amount, a ...

It's time again to decide if you're going to slog through your own tax forms or enlist a pro. The new provisions, meant to fatten Americans' wallets, can also cause confusion, accountants said. To ...

Taxpayers and tax professionals alike expected the IRS to issue new withholding tables and Forms W-2 to reflect changes under the One Big Beautiful Bill Act. The IRS now says that won’t happen in 2025 ...

Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...

Most US taxpayers will need to complete their income tax returns by April 15 or file a free tax extension for additional time. Peter is a writer and editor for the CNET How-To team. He has been ...

The AICPA asked the IRS and Treasury to provide guidance on the reporting and substantiation requirements for deductions of qualified tips and overtime pay allowed under the sweeping new tax law, ...

Few if any tools in a tax practice are more crucial to its operation than the professional tax return preparation software that CPAs rely upon to get them through tax season. Recognizing that its ...