Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

While tax season is over for most Americans, the Internal Revenue Service continues to process refunds after the filing deadline. Depending on how you file can affect how long you'll have to wait for ...