IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.
Form 941 is used to report income taxes, payroll taxes, Social Security, and Medicare taxes withheld from employee wages. Most employers who pay wages file Form 941.
How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?
If your tax liability is more than you can handle by the filing deadline, you have a few options—including help from the IRS itself. We explain everything you need to know so you can plan ahead.
The Income Tax Department has asked taxpayers to file the updated ITRs for AY 2023-2024 by March 31, 2025, to take advantage of a 25% lower additional tax and interest. In a post on the social ...
Some state tax incentive programs to encourage economic development would be eliminated, others would be boosted and new ...
Income-tax Bill, 2025, aims to replace the existing Income-tax Act, 1961, effective from April 1, 2026, whereas the Finance Act, 2025, applies from April 1, 2025, for the assessment year 2025-26. The ...
HONG KONG, CHINA / ACCESS Newswire / March 28, 2025 / SouthGobi Resources Ltd. (Hong Kong Stock Exchange ("HKEX"): 1878, TSX ...
Coinciding with the new financial year, households will face pricier fees for: Council tax: Some 85% of top-tier council authorities in England are expecting to increase council tax by just under 5%.
With the basic exemption amount for estate, gift, and generation-skipping transfer taxes set to be cut in half after the end ...
VAT is levied at 25.5% (versus 20% in the UK), social security payments amount to approximately 9.3% (compared to the UK's 8% National Insurance tax ... of pounds in extra stamp duty costs.
Astonishingly, the Office for Budget Responsibility (OBR) has disclosed that an additional 4.1 million workers will be compelled to pay either the 40p or 45p higher rates of tax by 2027-28.
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