In some instances you have to transcribe all of the information from a balance sheet onto the S corporation tax form. In other instances you do not need to refer to the balance sheet when filing ...

As a millennial, it’s been a long time since I’ve gotten physical mail. I had no idea that my relative would have been ...

Many Americans are still waiting for their 2025 IRS tax refund—or were surprised to receive less than expected. Despite average refunds being slightly higher than last year, several common reasons ...

Income from tipped money is currently taxed like ordinary income. The tax bill introduced in the House Ways and Means Committee would introduce a deduction for qualified tips earned "in the course ...

Do you support the IRS sharing data with ICE to help track down illegal migrants? Vote in the poll above or click here.

"That is how bad it has got." Hilton outlined his tax plan, stating, "The topline, the number one item on my tax plan is, for everyone in California, your first hundred thousand dollars of income ...

Senate Republicans have moved forward with the property tax bill and introduced a new amendment. The biggest change gets rid of the $50,000 homestead tax credit and adjusts it to a 25% discount on ...

President Donald Trump is pushing for significant tax cuts but faces challenges from his own party and criticism over proposed Medicaid cuts. Southeast Missouri Congressman Jason Smith chairs the Ways ...

MONTGOMERY, Ala. (WBMA) — The Alabama Senate and House approved a bill to reduce the state sales tax on groceries from 3% to 2%. In 2023, lawmakers passed legislation reducing the state sales ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...

All suppliers new to UB are required to submit a completed tax ID form to Procurement Services as confirmation of their business identity. This information is used to build supplier profiles in the ...