We’ll take you through a step-by-step guide on how to open an XML file in Excel, Word, Chrome, and Edge. Let’s get started. It may sound strange, but MS Excel can handle XML data. It allows you to ...

Income Tax Filing 2025: ITR-2 and ITR-3 Forms Activated — Know Who Should Use These and What’s New This Year In a significant update for taxpayers, the Income Tax Department has activated the Excel ...

To simplify filing crypto taxes in the US, you need a 2024–2025 tax year guide that covers IRS regulations, taxable events, forms and tips to simplify your reporting. US crypto investors must file ...

Form 1310, officially known as the “Statement of Person Claiming Refund Due a Deceased Taxpayer,” is a document that allows you to request a tax refund on behalf of someone who has passed away. If you ...

The deadline to file your 2024-2025 taxes is April 15, 2025. You can track your refund status through the IRS website or the IRS2GO mobile app. If you miss the April 15 deadline, you can file for an ...

Your 1099-R tells the IRS a story about your IRA distributions. But what if the story is not true? If a distribution was made from your IRA during 2024, your IRA custodian must send you a Form 1099-R ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Today is the last day for most taxpayers to file a 2023 return and also the last day to request an extension, which buys you six extra months to file your taxes and reduces any potential penalties or ...

What Are Tax Forms 941 and 944? Your email has been sent Discover what tax forms 941 and 944 are, their differences, filing requirements, and find out how to avoid errors and penalties with our ...

Certain businesses that receive payments of over $10,000 in cash must file Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, electronically starting in 2024, the IRS ...

The Internal Revenue Service is telling companies they will need to start electronically filing their forms reporting cash payments over $10,000, starting Jan. 1, 2024. The IRS said Wednesday that ...

In the federal income tax world, there are effectively two functions within the Internal Revenue Service (“IRS”). First, the IRS examines tax years and tax returns to determine whether the taxpayer ...