Taxpayers can act now to make the most of an increase in state and local tax deductions when they file 2025 taxes in the ...

Attorneys disclosed CBP's request for “corporate return information” tied to tariffs. A federal court requires 24-hour ...

Summary: Getting a building permit can feel like you’re playing a game of Monopoly. Collect your forms, pass “GO” at the ...

Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...

Despite the government shutdown, taxpayers who requested extensions for their tax returns last year must still meet the ...

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 ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

As an American abroad, you can reduce your annual tax burden, even significantly, from what you were paying when you were residing full-time within U.S. borders.

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

ROCHESTER, N.Y. – More than a dozen viewers wrote to News10NBC asking the same question: Are seniors who are on Social Security and don’t file taxes still eligible for New York State’s “inflation ...