Budget 2025 could simplify tax compliance for NRIs by addressing procedural challenges, such as setting thresholds for Tax ...
The IRS quietly released an Action on Decision on January 2, 2025, which provides significant concessions to taxpayers ...
The IRS sends out tax refunds 21 days after taxpayers file their returns online and six to eight weeks after submitting a ...
If you choose to itemize deductions, you'll have the option of deducting the state and local sales tax you paid, or you can ...
Unpaid taxes are subject to the Failure to File penalty, which is 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The penalty cannot exceed 25 percent of ...
Discover how child support payments impact your taxes. Find out if child support is taxable and learn about claiming your ...
Kalispell Public Schools is looking for taxpayers to help fund programs through the Innovative Educational Tax Credit Program ...
If you think tax returns are just for the self-employed, think again. Anyone with untaxed income from 2023-24 may need to ...
When Prime Minister Justin Trudeau announced his pending resignation and prorogued Parliament, planned changes to how capital gains will be taxed were left in limbo.
Progressives have been calling for heavy taxes and other confiscatory policies to be aimed at wealthy Americans. While they ...
If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business ...
Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care ...