The IRS Direct File will not be available for the upcoming tax filing season. However, other programs like the Free File and ...

The Internal Revenue Service (IRS) requires employers and employees alike to use specific tax forms to accurately record ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

People who are eligible for automatic tax filing will need to provide a few details and confirm their information in a pre-filled tax form from the CRA You can save this article by registering for ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min This is the second wave of ...

A historic ironmongers has blamed Rachel Reeves' Labour tax hikes on businesses when it was forced to shut down after 104 years. Castles Home Hardware in Christchurch, Dorset, was dubbed the Four ...

Tax audit requirements for AY 2025-26, as explained by Chartered Accountant Abhishek Soni, co-founder of Tax2Win in an ET report, fall under Section 44AB and apply to:- Businesses with turnover above ...

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 AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...

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 ...

Compare the best crypto tax software to save time, reduce errors, and file your crypto taxes stress-free. The best crypto tax software simplifies transaction import, calculates gains and losses, and ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...