Self-employed workers can claim their mileage deduction on their Schedule C form, rather than the ... If you're audited, the IRS will want to see a log that includes dates, destinations and ...

Instead of earning cash, Bask Bank’s Mileage ... Internal Revenue Service (IRS) categorizes the interest you earn on bank balances as earned income, which your bank will report on a 1099-INT tax ...

Before you close this year’s tax file there is still some work to do. If the IRS or state revenue department selects your return for review, you will need to be prepared. Here is what you ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill ...

IRS Form 941, also known as the Employer’s Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security taxes, and Medicare taxes withheld from ...

Treasury Secretary Scott Bessent said Monday that July 4 is the new deadline for lawmakers to pass President Trump’s ...

The pilot project by the department, known as Caltrans, is designed to explore completely replacing the excise tax on ...

The IRS requires that you keep a written mileage log that includes the number of miles and the purpose of each trip, but some apps can make tracking easy. MileIQ and Everlance are two popular options.

The IRS recognizes this challenge and offers a simple solution: Form 4868, the Application for Automatic Extension of Time to File U.S. Individual Income Tax Returns. Filing Form 4868 grants an ...

But some critics worry the state will keep the excise tax in place in some form or another ... gas-powered cars and trucks get better mileage than they used to. That means drivers make fewer ...

When buying a home in a different state, property taxes are often top of mind. Property taxes vary widely across the U.S., but some states have much more lower rates, according to data provided ...