Recently, the IRS sent him notice that he owes $3,000 in taxes because the truck loan that was written off was considered income for that year and he owed taxes on it. He wasn’t aware of that at the ...

I've been trying to help my brother-in-law with an IRS matter. He's been sober for about 3 years. Before that he was an alcoholic for about 40 years. What precipitated his sobriety was his truck ...

I've been trying to help my friend and brother-in-law with an IRS matter. He's been sober for about 3 years. Before that he was an alcoholic for about 40 years. A DUI precipitated his sobriety. His ...

ISLAMABAD: After repeated promises of simple form, the Federal Board of Revenue (FBR) has finally issued a comprehensive income tax return form for traders for tax year 2025. The return form for the ...

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

Despite presidential proclamations, Social Security’s financial outlook is more troubled than ever. A new report from the Committee for a Responsible Federal Budget (CRFB) warns that as Social ...

Wondering how the new mega tax law will affect your paycheck and taxes? Some of the answers lie in the new W-2 form employees will start getting for tax year 2026. The new forms show how new laws, ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

The income tax return (ITR) filing has started for the financial year 2024-25 (assessment year 2025-26). The income tax department has notified all seven income tax return forms for the assessment ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Ebony Howard is a certified public accountant and a QuickBooks ...

Many Americans who work overtime will get a break on their taxes for the next few years — but it may not be as hefty as they think. Congressional Republicans sought to fulfill President Donald Trump’s ...