Basically, that penalty is the IRS charging you interest for not paying your current tax liability to them in advance of ...

Year-end planning can significantly boost the benefits of new tax changes, helping taxpayers reduce liabilities and maximize deductions.

Claiming large refunds, and doing so by amending returns, increases the chance your filings will be scrutinized.

Takeaways For tax years 2025 -2028, the One Big Beautiful Bill Act (OBBBA) allows employees to take an above-the-line tax deduction on qualified overtime pay and qualified tips.

Tax brackets are changing in 2025—so Newsweek has rounded up everything you need to know before the new year. The IRS adjusts ...

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