Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Tax Season 2021 has begun. When you dig into your tax return for ...

As many individuals rejoiced to see the Form 1040 due date extended from April 15, 2021, to May 17, 2021, it is important to understand what the extension applies to and whether you will get the ...

The Internal Revenue Service has extended the ability to digitally sign a wide variety of tax forms through the end of year, lengthening what had been a temporary grant of relief for the pandemic.

Organizations and individuals that pay you money — whether a company, a financial institution, or a person who hires you as contractor — typically must report how much they paid you to the IRS.

The IRS has extensively updated for 2021 individual tax returns its website’s frequently asked questions (FAQs) on the child tax credit and its advance payments. The updates also were released as a 21 ...