The Centre for Reform and Public Advocacy has kicked against the moves by the Federal Capital Territory Internal Revenue ...

The civil fraud penalty is imposed when the IRS determines that you intentionally falsified your tax return in order to evade ...

Let us be honest. Filing taxes with the IRS is not easy. Most of the time, you will need to recollect past occurrences and ...

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...

Haul, California led the nation for out-migration for the fifth year in a row, with neither the company’s top 25 ...

Taxpayers in disaster areas who received extensions to file their 2023 returns must, depending on their location, file their ...

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

A judge has shut down former Basketball Wives star Brittish Williams’s motion to vacate her four-year prison sentence.

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025.

THE Bureau of Internal Revenue (BIR) said it collected P130.91 billion in tobacco excise taxes in the first 11 months of 2024 ...

If you've started fixing your documents for the 2024 tax year, you may be interested in the child tax credit – if you have multiple dependents, you may be able to save thousands in taxes this year ...

The Social Security tax cap protects the wealthy from paying their fair share. The rest of us pick up the burden ...