IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...

ITR Due Date Extension 2025 Highlights: The last date to file income tax returns (ITR) for AY 2025-26 ends on 16 September. The ITR filing deadline was extended by a day by the Centre from 15 ...

People are increasingly handing decisions over to AI systems. Already, AI manages investment portfolios, screens job candidates, recommends whom to hire and fire, and can fill out tax forms on ...

Students, whether working part-time, freelancing, or receiving scholarships, often have financial dealings that touch the tax world. Navigating tax responsibilities can appear overwhelming, especially ...

Six years ago, Rick J. Taylor was at the pinnacle of his profession as a partner in the national tax practice of KPMG Peat Marwick, based in Washington, D.C. Not yet 40, the University of ...

Generally, couples who file jointly get more tax breaks. But there are plenty of reasons to file separately, depending on ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, state and local tax deductions, tax filing deadlines, tax trivia and more.

Domain Money reports on costly tax traps for equity compensation, advising on strategies to avoid unexpected tax bills and ...

Gold isn’t taxed the same way as other investments. Some investors might ‘underappreciate the tax implications.’ ...

A rendering of one of the buildings in the proposed River Pointe industrial park. EASTON, Pa. – Lou Pektor of River Pointe Logistics may benefit from Northampton County Council's inability to pick a ...