The new federal tax deduction could dramatically reduce your tax bill this year. But it's not exactly tax-free. We break down the critical rules and qualifications.

New tax breaks for tips, overtime pay and car loans come with strict limits that could leave many Americans out this tax season.

University of Hawaii Law Professor Nicholas Mirkay joins producer/host Coralie Chun Matayoshi to discuss what you need to know before filing your taxes this year, including what income is taxed, new ...

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...

IRS says Form 4669 helps an employer to avoid penalties for failing to withhold taxes by showing the taxes were paid. But how can you certify that in advance?

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?

If the defendant thinks they may need to issue a Form 1099, they will ask for a Form W-9. If they fail to get a signed W-9, they can withhold taxes on the payment.

In the midst of tax season, with the April 15 deadline quickly approaching, the Internal Revenue Service is warning taxpayers about scammers out to rip you off. Scams tend to spike during tax filing ...

Robocalls, texts, and phishing emails from scammers are up this tax season compared to previous years, according to the consumer protection bureau of the FTC.

Some Americans are protesting the Trump administration by deliberately not paying their taxes. These are the consequences you ...

The IRS will assume the reported income is legitimate and expect taxes to be paid, so it’s important to take action quickly.