The 2025 Act introduces compulsory tax audit for businesses declaring profits below 6% or 8% of turnover. The shift eliminates the earlier opt-out condition, expanding audit applicability from ...

A new $6,000 senior tax deduction in Trump's new tax bill, the One Big Beautiful Bill, starts in tax year 2025, offering ...

If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

IRS tax refund 2026 filings begin in late January, with most direct-deposit refunds arriving 10–21 days after IRS acceptance.

October 15th was the final deadline for filing your income tax return. While many people look forward to a refund, millions ...

Gov. Josh Shapiro heralded the benefits of a new tax credit for working families during a stop in Fayette County earlier this ...

Rachel Reeves’s decision to extend a freeze on income tax thresholds will cost middle-income workers up to £1,900 over the next six years, an analysis shows. The Chancellor’s Budget has prolonged the ...

Chancellor Rachel Reeves has announced an increased tax on savings and personal finance expert has explained when people will ...

Shapiro is expected to talk about the Working Pennsylvanians Tax Credit which is set to provide $193 million in tax relief ...

Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already thinking about our 2026 federal tax returns. It’s never too early to begin ...

The wealthy often avoid earned income, which means they escape payroll taxes entirely and ordinary income rates under the income tax. In addition, they can avoid capital-gains taxes by not selling ...