On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...

The IRS announced a higher estate and gift tax exemption for 2025. The "basic exclusion amount" rises to $13.99 million for ...

Understanding payroll taxes and how to file and document them is an essential part of a business’ payroll process. This guide ...

Its free online version allows you to file both federal and state taxes at ... you can navigate directly to specific tax forms to enter your income and deductions—a much faster option.

This terminology can be confusing for first-time employers who are acclimating to their payroll-related tax responsibilities.

Oct. 15 is the deadline for filing tax returns for those who obtained a six-month extension. Make that deadline to avoid ...

Unaltered behavior; playing chicken; out on a rail; and other highlights of recent tax cases. Private equity firm Further ...

Failure to make federal student loan payments on time can spark what’s called a tax refund offset, which allows the ...

Florida does not impose a state estate tax or inheritance tax. This can be a significant advantage for retirees looking to ...

ITAT Chandigarh held that since Form 67 has actually been filed within extended date of filing the return of income hence ...

For instance, married taxpayers who file jointly and earn more than $23,850 (the top threshold for the 10% bracket) will likely pay $2,385 in federal income tax — or 10% of their first $23,850 ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Erika Rasure is globally-recognized ...