News

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new electronic income tax return form for individuals. The ...
The IRS has released Revenue Ruling 2025-15, which clarifies the federal tax withholding and reporting responsibilities of retirement ...
The program offered free tax filing for two years before Republicans shut it down. Now a small group hopes to save the code ...
For Jordon O’Donald, a bartender at Brewski’s in downtown Little Rock, the news sounded like a welcome break. She has worked ...
The 'No Tax on Tips' provision, which also applies to overtime pay, is part of President Trump's One Big Beautiful Bill Act.
The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...
Which workers will qualify for the new deductions is among the details the government has to work out after President Donald ...
IRS Form 1040-ES can help you crunch the numbers, as can tax software or a tax professional. When are estimated tax payments due?
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...
The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...
Or you want to help pay the medical bills of indigent individuals. Or you want to start a shelter for the unhoused (cats, dogs, humans or some combination). Your heart is in the right place, but you ...
If you’re one of the many taxpayers who requested an extension for your 2024 federal tax return, the Internal Revenue Service (IRS) has a clear message for you: don’t wait until October. In a notice ...