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

Things you can do before the end of the year to lower your taxes include loading up your RRSP, RESP and RDSPs, selling off ...

From joint filing benefits to the marriage penalty, here’s what newlyweds need to know about taxes and how to minimize their ...

The government shutdown and IRS furloughs have everyone wondering if it will affect the October tax extension deadline for those who requested one on their 2024 taxes back in April. Here's what to ...

The IRS has published a private letter ruling on Section 263A, granting the taxpayer a 45-day extension of time to file the required duplicate copies of two Forms 3115 (Application for Change in ...

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 ...

Liz Weston financial advice column discusses deducting casualty losses, such as the those sustained in the Los Angeles wildfires in January.

SHREVEPORT, La. -- The city of Shreveport last year was assessed $1.6 million in penalties and interest by the IRS for failing to file a required Affordable Care Act form in a timely manner, in ...

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 ...