If you're wondering what eligible expenses are covered by a Flexible Spending Account, here's how to use your FSA money ...

This piece breaks down the current tax payment procedure in clear, practical language to help Nigerians fulfil their ...

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...

The city's largest employee union plans to file an Open Meetings Act complaint against the Evanston Public Library's Board of ...

The Michigan Economic Development Corp.'s new data center tax break oversight could be tested with the Oracle and OpenAI's ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

WASHINGTON — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email sent Monday from IRS official ...

The Income Tax Department has announced a major relief for taxpayers by extending the deadline for filing tax audit reports for the financial year 2024–25. Initially set for September 30, the new due ...