The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

The proposed regulations on the "no tax on tips" provision of the One Big Beautiful Bill Act outline which jobs and tips ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

The IRS continues to roll out drafts of some 2026 tax forms, including a draft of Form W-9, Request for Taxpayer ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. The Electronic Federal Tax Payment System (EFTPS) is a service provided by the U.S.