As Republicans in Congress look for ways to slash spending, some legislators are floating new taxes on college scholarships, ...

The Reserve Bank of India’s recent decision to cut the repo rate by 25 basis points to 6.25 per cent is set to boost the real ...

When sorting through your mail this tax season and set aside your important documents, you may receive a new form to your tax profile called a 1099-K. This is an income record which accounts for the ...

What's not yet clear is what happens to the Strategic Outreach and Attraction Fund (SOAR), a program advocated by Whitmer to ...

Ryan Finley explains why the IRS’s recent advice memorandum on periodic adjustments may signal a significant change in ...

After Tran’s State Senate term ended in 2021, the DOJ said Tran fraudulently received pandemic unemployment benefits while simultaneously employed as a paid consultant for a New Hampshire-based ...

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension There are many changes for tax years 2008 and 2009 resulting from passage of federal tax laws. Some Minnesota taxpayers ...

STATEN ISLAND, N.Y. — Taxpayers will have until April 15 to file their taxes, according to the Internal Revenue Service (IRS) ...

People will spend an average of $290 on filing their tax returns this year, according to IRS estimates. Individuals will pay $160 on average for tax prep, while the typical business owner will pay ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...