The IRS says it received more than 20 million extension requests this year — over 12% of all filers — though some in areas hit by natural disasters automatically have extra time to file. For instance, ...
The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier ...
More than 2.1 million Oregonians have filed their tax year 2024 state personal income tax returns this year. But with just six days before the tax filing extension deadline October 15, as many as 100, ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
We'll cover what this important tax document is, and then list ten key items stressing the importance of correctly filling ...
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 ...
Ahead of releasing the promised 2025 federal budget, the prime minister announced the launch of an automated tax filing ...
One such form that caters to these unique entities is the ITR-5 form. Specifically designed for businesses, firms, LLPs ...
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.
It’s not that people are shirking their responsibilities, rather it is the gut-wrenching fear of filing a clerical error and ...