Every year, the IRS releases a “Dirty Dozen” list—a public warning to taxpayers about the latest and most dangerous tax scams ...

In South Africa’s complex fiscal environment, many businesses and individuals find themselves grappling with tax arrears at ...

Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...

The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

South Main Street in Sheffield, Illinois. The town is part of a 136-square-mile opportunity zone. The Treasury Department and the Internal Revenue Service issued guidance Tuesday on qualified ...

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 ...

As Delaware recorded some of the steepest increases in health care costs and premiums in 2023, top executives at the state’s largest nonprofit hospitals reported seven-figure salaries, according to ...

Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...

The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...