HMRC has now clarified that double cab pick-ups also remain classed as goods vehicles for VAT purposes as this is similarly ...

The IRS updates tax brackets every year, so it's always a good idea to check whether you're close to one of the cutoff points.

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, and the value of the deduction increases with the price of a home,” ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

RICHMOND, Va. (AP) — Virginia's Democratic-led Senate and House of Delegates debated tax relief and economic stability ...

The Internal Revenue Service has started accepting individual 2024 tax returns and taxpayers expecting a refund can track the progress.

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2024.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Have you ever heard of anyone complaining about making more money? If you have, they probably grumbled about moving up a tax ...