The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers' compensation premiums are only deductible when they are ...

There is no special federal day care tax form. H&R Block says most day care providers work as independent contractors, so you file taxes the same way any self-employed business owner does.

In some instances you have to transcribe all of the information from a balance sheet onto the S corporation tax form. In other instances you do not need to refer to the balance sheet when filing ...

Many Americans are still waiting for their 2025 IRS tax refund—or were surprised to receive less than expected. Despite average refunds being slightly higher than last year, several common reasons ...

WASHINGTON, D.C. (WRGB) — Congresswoman Elise Stefanik (R-NY) is advocating for new legislation aimed at expanding school choice through tax incentives. Rep. Stefanik said the "Educational ...

(AP) — A federal judge on Monday refused to block the Internal Revenue Service from sharing immigrants' tax data with Immigration and Customs Enforcement for the purpose of identifying and deporting ...

Do you support the IRS sharing data with ICE to help track down illegal migrants? Vote in the poll above or click here.

"That is how bad it has got." Hilton outlined his tax plan, stating, "The topline, the number one item on my tax plan is, for everyone in California, your first hundred thousand dollars of income ...

Senate Republicans have moved forward with the property tax bill and introduced a new amendment. The biggest change gets rid of the $50,000 homestead tax credit and adjusts it to a 25% discount on ...

formally notifying Income Tax Return Form ITR-6 for the Assessment Year 2025-26. This form, typically used by companies other than those claiming exemption under Section 11, comes into effect from ...

MONTGOMERY, Ala. (WBMA) — The Alabama Senate and House approved a bill to reduce the state sales tax on groceries from 3% to 2%. In 2023, lawmakers passed legislation reducing the state sales ...