Another distinction lies in flexibility. LLCs allow owners to reinvest profits or distribute income in a variety of ways, ...

Pine Gates Renewables, which operates in 38 U.S. States filed for Chapter 11 bankruptcy protection on Nov. 6.

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

The free service that allowed taxpayers to file online directly with the IRS was used by hundreds of thousands of taxpayers ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

Each year, millions of taxpayers file an extension so they can get extra time to file. Now the Oct. 15 deadline is fast approaching. Tax extensions are filed for a variety of reasons, and a common one ...

If you’re feeling behind or waiting on documents, a tax extension gives you extra time to file — but not to pay. In this guide, you’ll learn how to file a tax extension, which forms you need, key ...

Direct File was launched as a pilot program in 2024. It allowed eligible taxpayers in a limited number of states to file their federal returns directly with the IRS at no cost. The program was ...

Thomas is a native of upstate New York and a graduate of the University at Albany. As a former member of CNET's How To team, he wrote about the intersection of policy, information and technology, and ...

Republicans in Congress have big plans for the “one big, beautiful bill,” which will affect not only tax rates and exemptions but also how people file their taxes. The GOP was irked last year by an ...

Filing back taxes is daunting, especially if you know you’re going to owe a lot of money. The good news is that several IRS programs exist to help you manage outstanding tax debts. If you can’t pay ...

Data shows the IRS' Direct File free tax-filing tool has helped save taxpayers money. Now lawmakers want to know why the Trump administration may soon pull the plug on the program. The Trump ...