If you're a W-2 remote employee hired for a period of time to complete ongoing work on a company's payroll, you probably ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

Explore Lili's no-fee business checking, early direct deposit, and tax tools. Learn the pros, cons, and why it's ideal for entrepreneurs seeking simple financial management.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Gig work has been a game changer for many people, allowing them to parlay skills into side work that can add income without ...

The taxpayer was not entitled to deduct unreimbursed employee business expenses or partnership losses, the U.S. Tax Court held, affirming the IRS’s determinations. Taxpayer, an individual, claimed ...

Finally, you can make an estimation using a little math. Each quarter, add up your actual income, multiply it by four (this ...

The United States used to charge a fee for getting one of its dollars, to cover expenses—such is the way of all good business ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have until May 1 or Oct. 15. Already filed your taxes? Here’s how much you can ...

Finance Minister Nirmala Sitharaman implemented changes to the slabs, rates, and rebates under the New Tax Regime to ...