today announced the opening of its pre-filing window for IRS Form 2290, the Heavy Vehicle Use Tax (HVUT) return, for the upcoming 2025–2026 tax period, which runs from July 1, 2025 through June ...

Tax-exempt organizations can quickly file Form 8868 through ExpressExtension by May 15 to get an automatic six-month extension and avoid IRS penalties. ROCK HILL, SC / ACCESS Newswire / May 13 ...

Billy Long faced withering questions from Senate Finance Committee Democrats over his post-congressional business activities during a hearing on his nomination to be IRS commissioner on Tuesday.

If you earn non-employee income from business activities, you file schedule C, Profit or Loss from Business, with your IRS Form 1040. You report all business income and deduct all business expenses.

Republicans are officially planning to kill the IRS free direct tax-filing tool. Trump's "big beautiful bill" includes a provision to terminate the program. Republicans have described the tool as ...

Sen. Ron Wyden (Ore.), the top Democrat on the Senate Finance Committee, said Tuesday he has recordings of business associates of President Trump’s pick to lead the IRS, former Rep. Billy Long ...

The IRS replaced its left-leaning top spokeswoman who worked at the agency for 27 years but did not announce or explain her removal. Jodie Reynolds, formerly the chief of communications for the ...

In most cases, your tax obligation to the Canada Revenue Agency (CRA) is over and done with once you get the NR4 Form. That's not the case where the IRS is concerned, though. If you reside in the ...

The Schedule D tax worksheet helps investors calculate certain kinds of investment income for the Schedule D form ... the IRS writes in its Schedule D instructions. How to Write Off a Business ...

Bondholders receive IRS Form 1099-INT (or Form 1099-OID) from entities that paid them interest on the bonds in which they invested. Selling bonds may incur capital gains tax for investors.

Small businesses that are sole proprietorships, partnerships or limited liability corporations are allowed to deduct costs for workers' compensation insurance from their federal and state taxes.