Determining your tax withholding as a U.S. taxpayer isn’t the easiest task. But if you landed a new job or had a major life milestone this tax season (a new ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. David is ...

The court examined the amendments introduced by the Finance Act, 2017, which expanded the reassessment period from six years to ten years, subject to certain conditions. The Revenue contended that the ...

Sen. Chuck Schumer said he'd remain Minority Leader because he's the best at winning Senate seats—despite his very recent ...

Here are some prevalent tax scams like phishing, fake charities, and IRS impersonations, and some advice on protective ...

Deciding how to choose your tax status seems like it should be easy. But it's often not. The Internal Revenue Service says filing with the wrong tax status is one of the most common errors that ...

Tax Day for 2024-25 taxes is Tuesday, April 15, 2025. There are several tax breaks available for parents, including the Child Tax Credit and the Adoption Tax Credit. Taxpayers can track their ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency embedded in the agency during tax filing season, which is the IRS' busiest ...

COLUMBUS, Ohio — A former federal employee said his job was reinstated on Monday, following a ruling by a federal judge last week. Wesley Stanovsek, who worked for the Internal Revenue Service ...

Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning.

President Trump abruptly stopped providing foreign aid. He says it is a waste of taxpayer money. Critics say his move will cause a humanitarian catastrophe and hurt the United States. What do you ...