If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign ...

The next ANCHOR benefit has to be funded in the state budget this summer. The last benefit, paid out for the 2021 tax year, ...

The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

Sports betting winnings over $600 may be taxable. Learn how W-2G forms work, what happens if you don’t report, and how to ...

If you have a tax paper from someone other than your employer, you may have received a 1099. But what does the form mean, and ...

The "Department of Government Efficiency" reportedly wants to create a mobile app so Americans can file their taxes for free.

A tax refund is a reimbursement from the government when you've paid too much in taxes during the year. Here are some options for what to do with that money.

As we approach Budget 2025, it is anticipated that the Government will introduce additional measures to simplify the tax filing procedures for individuals and businesses.

Lackawanna County and Wayne County residents whose households earned $67,000 or less in 2024 can receive free assistance in ...