In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

It's time to collect your tax documents and get ready to file your return for the 2024 year. Tax day is April 15.

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

An "enhanced" version of the IRS' Direct File program launched this year, with availability in roughly twice as many states as last year.

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

In special situations, you may have to file regardless of your income. If you have net earnings of at least $400 from self-employment, for example, you’re required to file taxes. If you earn at ...

The Digital Economy Promotion Agency (Depa) has outlined its plans this year to drive Thailand to become a hub of global technology and supply chains, highlighting three strategies: digital skills ...

Grantor trusts are trusts in which the grantor controls all aspects of the trust and is responsible for reporting and paying taxes. If the income or deduction is part of a change in the principal ...

A frustrating thing about working hard to earn money is knowing the IRS will tax a portion of your earnings. Federal taxable income generally includes wages, tips, royalties, commissions ...

The late filing penalty may be higher if the CRA issued a demand to file the return and assessed a late filing penalty on a return for tax year 2021, 2022 or 2023. If you have a balance owing for 2024 ...