Congress made many wildfire legal recoveries received in 2020 through 2025 tax free. Payments in 2020 and 2021 require action by December 12, 2025.

WASHINGTON (AP) — IRS Direct File, the electronic system for filing tax returns for free, will not be offered next year, the Trump administration has confirmed. An email sent Monday from IRS official ...

India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long festival season, boosting the economy that was slammed with a 50% import levy by ...

An exit charge for wealthy Britons leaving the country and increased levies on expensive homes are on a long-list of possible tax increases being considered by Chancellor of the Exchequer Rachel ...

My husband and I plan to help our daughter with some of her wedding expenses. It’s my understanding an individual can give $19,000 in a year without triggering a taxable event. What is the best way to ...

Could there be a day we have no taxes to pay? Mom battles judge’s order banning her taking daughter to church As California highway slides toward sea, the fix will take billions New disclosures show ...

Turkey’s plan to scrap a withholding tax exemption on certain mutual funds will impact 84 funds managing about 71 billion liras ($2.1 billion), according to an impact analysis reviewed by Bloomberg.

The IRS recently filed notices of a federal tax lien against Republican Sen. Jim Justice of West Virginia — the latest example of ongoing financial troubles that have trailed the former governor, ...

Because of the increased IRS scrutiny of ERC claims, timing challenges associated with responding to the IRS, and the possibility that the taxpayer will have to file suit in federal court to receive ...

The IRS really means it this time when they say that high earners will have to start paying tax soon on their catch-up 401(k) contributions and then deposit them into workplace Roth accounts. Sort of.

The IRS has released updated federal income tax brackets and standard deductions for the 2026 tax year, which will apply to returns filed in 2027. Democrats Launch Investigation Into Trump’s ‘Theft’ ...