Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

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 ...

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

Last year, Americans reported losing more than $12.5 billion to fraud, according to the Federal Trade Commission (FTC). Consumers reported losing the most to investment scams, followed by imposter ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

Tax system simplification: A list of items and market buzz about what becomes cheaper or dearer Stimulating demand: A focus on measures to boost domestic consumption Benefits for citizens and small ...

New Jersey residents seeking assistance with any of New Jersey's Property Tax Relief programs such as ANCHOR or PAS -1, help is here. The New Jersey Department of Treasury with the local community and ...

WASHINGTON (AP) — Golf caddies, blackjack dealers and house painters are among the jobs covered under the Trump administration’s preliminary list of occupations no required to pay income tax on their ...

WEST SACRAMENTO, Calif. — Garrett Crochet returned to his regularly scheduled dominance Monday night in the Red Sox’ 7-0 win over the Athletics, a performance as reassuring as it was imposing. He ...

Ahead of the October federal budget, various groups are calling on Canada’s Finance Department to prioritize — and expand — the government’s promised review of the corporate tax system and to ...