Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying ...

If your business is obligated to fill out Form 941 and fails to do so, you could face stiff penalties, including a penalty of 5% of the total tax amount due, an additional 5% for each month the ...

Form 1040 is a federal income tax form that most people use yearly to report their tax information to the IRS. Taxpayers fill out the form, listing their income and any tax deductions or credits ...

The IRS is close to finalizing an agreement with the Department of Homeland Security to help locate migrants suspected of being in the US illegally, a person familiar with the matter said ...

tax deductions and exemptions. Check the auto-fill data from Form 26AS and AIS (Annual Information Statement). Step 5: Verify tax calculation Check whether you have to pay additional tax or get a ...

views on IRS collections and the debt ceiling. The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia’s parliament on Thursday introduced a new tax for all workers as part of measures to fill the financial gap left by the USAID funding pause. The funds ...