A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

GREENSBORO, N.C. — $1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said ...

GREENSBORO, N.C. — This kind of weather, with the snow and the lingering ice, no doubt has you thinking of warmer weather. If a trip is on the calendar and you're flying and you don't have a Real ID, ...

Consultants who work independently rather than as part of an organization will receive income by billing their clients, whether by the hour or by the project. Keep careful records of income by issuing ...

The IRS introduces Form 1099-DA, creating the first standardized system for reporting crypto and NFT transactions starting in ...

Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible. Why adults ...

With almost a month passed since the beginning of tax season on Jan. 26, many early filers in North Carolina are eager to ...

Here's what to know this tax season.

$1,000 deposited into a bank account, and all you have to do is fill out a tax form? It's true. “We are finding it from the government for children that are born in 2025,” said Tiffany Dodson, ...

Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.

Whether you can skip filing for 2025 depends on your income, filing status, and age—especially for retirees and students.