S, filing your taxes keeps the government updated on your income status.  Over two thirds of people who submit their tax ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

The 2025 tax season is underway. As US filters prepare to submit their returns, they should be aware that this mistake could imply an automatic $5,000 fine.

The IRS reviews suspicious claims and sends letters to filers asking for additional verification for any claims — including withholdings. Claims deemed fraudulent can result in penalties of $5,000 for ...

After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it’s possible to prepare with advanced planning.

LONDON: Hasan Nawaz, son of Pakistan Muslim League-Nawaz President and former prime minister Nawaz Sharif, has been declared ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...