Tens of millions of taxpayers found themselves filing a brand new form called Schedule 1-A so far this tax season to claim some generous new tax breaks on their 2025 federal income tax returns. If you ...

Editorial Fellow Tens of millions of Americans may be eligible for refunds on tax penalty and interest charges issued during the COVID-19 pandemic. Whether taxpayers ultimately receive that relief ...

Millions of taxpayers penalized by the IRS during the coronavirus pandemic for late payments or filings may qualify for refunds or penalty terminations.

Millions of Americans may be owed an IRS refund from the COVID-19 era due to a court ruling. The deadline to claim is July 10, 2026.

A landmark federal court decision has opened the doors to COVID-era tax refunds for millions of U.S. taxpayers. In Kwong v. United States, the U.S. Court of Federal Claims determined that the COVID-19 ...

The Internal Revenue Service's outside Taxpayer Advocacy Panel issued its annual report Friday calling for improvements and greater clarity in notices, forms, publications and more after a year of ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Americans are probably happy to put memories of the COVID-19 pandemic behind them, but it may be worthwhile to stir up the past to see if they may qualify for an IRS refund, tax attorneys said. Once a ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Most IRS Forms 1099 arrived around the end of January 2026 for ...

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...