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 ...

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

Changes were made in the July Budget to reduce the complexity of the capital gains tax calculations and give some income tax ...

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

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

A pilot program for the service successfully launched last year in 12 states. New Jersey did not participate because of a ...

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

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

With just two days left until the critical January 31, 2025, deadline, businesses must act quickly to file Forms 1099 and W-2 with the IRS, SSA, and state agencies. Equally important, this date marks ...

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