Taxes July 6, 2026
Opponents of Washington’s new high-earners income tax submitted more than 500,000 signatures for an initiative to kill the tax Thursday, setting up an epic brawl for November over the state's tax system.
Taxes May 22, 2024
The five-year extension agreement between the IRS and Free File Inc. will continue the program through October 2029.
Taxes May 21, 2024
The most recent version of Form 656-B, Offer in Compromise Booklet, was released by the IRS in April.
Taxes May 16, 2024
U.S.-based multinational companies can emerge not just compliant but better positioned in a post-global minimum tax world.
Taxes May 13, 2024
During a rally Saturday on the New Jersey shore, Donald Trump pledged to double down on tax cuts if he wins a second term as president.
Taxes May 10, 2024
TurboTax recommended some Oregon filers take the standard state tax deduction even though they'd save more money itemizing.
Taxes May 9, 2024
Starting on July 1, the rate for overpayments and underpayments for individuals will be 8% per year, compounded daily.
Taxes May 9, 2024
77% of tax professionals believe AI technology can be applied to their work, and 56% of in-house corporate tax teams think their external tax advisers’ firms should be using AI.
Taxes May 7, 2024
Higher taxes are "quite likely," the Berkshire Hathaway chairman and CEO said, as Washington prepares for major tax discussions next year.
Income Tax May 7, 2024
While the April 15 tax deadline for most Americans to file their individual annual tax returns has passed, there are several deadlines each year, some for individuals, businesses, nonprofits and even organizations that are tax-exempt.
Taxes May 3, 2024
But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.
Taxes May 1, 2024
The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.
Taxes May 1, 2024
Roger Ver was charged with mail fraud, tax evasion, and filing false returns in order to avoid paying at least $48 million in U.S. taxes.