Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

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

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Low-income households are largely excluded from any significant tax benefits from the One Big Beautiful Bill Act.

Taxpayers have been given a further fortnight to fill in their tax forms, with the deadline for 2024 now being October 15, ...

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal ...

The CBDT has announced changes to Form 3CD, applicable for FY 2024-25, impacting tax audit reporting. Key changes include ...

Companies responsible for collecting this 1% tax are required to send it to the IRS twice a month and if they fail to do so, ...

Extend income tax audit deadline due to ITR portal glitch, AIS errors, new ICAI enhanced reporting needs: Nagpur Chamber of Commerce ...

Brazil's new Senate leader said on Thursday he aims to approve tax reform in six to eight months and that he is working urgently to extend aid to millions of the country's poorest and most vulnerable ...

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 ...

Missing the ITR due date u/s 139(1) mandates the use of the new tax regime, as the option to choose the old regime or file Form 10−IEA is ...