Ultimately, the deductibility of payments in lieu of penalties would depend on the facts and circumstances of each case, ...

Your tax filing status—single, married, or head of household—can affect how much money your employer withholds from your ...

Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.

An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned ...

The IRS has unveiled its annual inflation adjustments for the 2026 tax year, rolling out a long list of changes to deductions ...

Former owners of a northeastern Arizona steakhouse are accused of forging their tax return and funneling restaurant funds ...

Francisco Gil tried to claim his status as an independent contractor entitled him to tax deductions for travel, meals and marketing expenses. The IRS and a federal judge said he was in fact an ...

The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and enhanced senior deductions, following the OBBBA legislation.

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

The Maharashtra State Board of Secondary and Higher Secondary Education has extended the deadline for filling forms for the Class 12 examination to Oct. 20 amid heavy rainfall and floods in the state.

The Federal government through the Nigeria Tax Act (NTA) has brought about sweeping reforms in the property sector as tenants can now redeem 20 per cent of their rent as rent relief of up to N500,000 ...

The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...