Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...

The pressure on married couples to file joint returns is so strong that I am considering an addition to Reilly's Laws of Tax Planning - Joint filing is an election. It is not one of your marital vows.

The IRS doesn’t want you to forget to include income from dealing illegal drugs or stolen property on your tax forms this year. “Income from illegal activities, such as money from dealing illegal ...

The IRS said Tuesday it is going to waive penalty fees for people who failed to pay back taxes that total less than $100,000 per year for tax years 2020 and 2021. Nearly 5 million people, businesses ...

The Internal Revenue Service has released a draft version of the Form 1040 for next tax season, with an expanded question about virtual currencies, now referred to as digital assets, along with other ...