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.

Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive ...

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 ...

Mounting fears that Labour will stage a tax raid on banks saw billions of pounds wiped off the values of the biggest lenders yesterday. Shares in NatWest, Lloyds, Barclays and HSBC sold off after a ...

The tax agency’s Sept. 30 deadline matches a March executive order to modernize payments across the federal government.

KANSAS CITY, Mo. — The Internal Revenue Service (IRS) is holding a hiring event to fill more than 220 vacancies at its Kansas City, Kansas, service center. This event is open to the public. The event ...

The IRS will phase out paper tax refund checks starting Tuesday, Sept. 30 shifting to electronic payments to improve security, speed and efficiency.

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 ...

The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form ...

The agency is urging taxpayers to ‘act now’ and know their banking details. Critics have called the transition to all digital payments rushed. The Internal Revenue Service (IRS) will start phasing out ...