The National Society of Accountants is providing a free Web tutorial to help tax practitioners get ready for the Internal Revenue Service’s upcoming Registered Tax Return Preparer competency tests.
The IRS has released drafts of some 2025 tax forms, including the new Schedule 1-A, Additional Deductions. You’ll use Schedule 1-A to calculate new deductions for tips, overtime, car interest, and ...
Schedule K-1 tax forms are issued by MLPs, enabling investors to report their share of income and losses. Late issuance of Schedule K-1 can delay tax filings, sometimes requiring extensions. These ...