Starting in 2025, the IRS will no longer issue paper checks for tax refunds, signaling a significant transformation in the ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

The law, conceived under the One Big Beautiful Bill Act of 2025, is set to take effect in tax years 2025 to 2028. For now, however, it still is in a draft form, but is making waves throughout ...

If you requested an automatic six-month extension to file your federal tax return using Form 4868, your new deadline is Wednesday, October 15, 2025. That extra time can help you organize your ...

As Delaware recorded some of the steepest increases in health care costs and premiums in 2023, top executives at the state’s largest nonprofit hospitals reported seven-figure salaries, according to ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

ISLAMABAD: In a dramatic U-turn, the government on Friday scrapped the asset valuation column from the tax return form for 2025 — just a day after issuing a strongly worded clarification — bowing to ...