Yes, most business grants are taxable. Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of ...

The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

Indian students on OPT in the US currently benefit from FICA tax exemption, saving thousands annually. However, proposed US ...

Californians received news that the IRS decided the tax fate of special state payments "stimulus checks" made to millions of people across the country during 2022. In California, those payments were ...

According to Forbes, it is important to check all 1099 forms before filing. Most come in late January or early February but some may come throughout the year. If a 1099 is missing or has an error, you ...

The time it takes to receive a federal income tax refund could drag out six weeks and more next year for many people who are bound and determined to receive a paper check in the mail. Beginning next ...

Forbes contributors publish independent expert analyses and insights. Kris Holt is a writer who covers video games and word games.

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

New IRS form lets taxpayers claim 2025 deductions on tips, overtime pay, car loan interest ...

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 ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...