COLUMBIA, S.C. (WOLO)– The Internal Revenue Service (IRS) is giving people tips to make tax season easier for them. Gather all important and necessary tax paperwork and records needed for filing a ...

Malliotakis created the Bonus Tax Relief for America’s Seniors Act and the Tax Relief Unleashed for Seniors by Trump (TRUST) ...

With April 15, 2025, tax deadline fast approaching, millions of taxpayers are making final preparations for their Individual Tax Filing. The IRS has reiterated the importance of accuracy and ...

There is a view that if the house is jointly funded, capital gains from sale of such a house, should be included in the ...

Budget 2025 aims to unlock India's potential for development by 2047, with reforms for ease of doing business and tax ...

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 ...

It's now officially tax season, and News 8 On Your Side is helping you prepare to file your return.A key update this year ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

By C. Robert Holcomb and Gary Hachfeld, University of Minnesota Extension The new “2007 Ag Income Tax Update for Farm Families” from University of Minnesota Extension outlines tax law changes ...

“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,” ...

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

You can’t just claim anything. In preparing to file your income tax return, you will need to save receipts for proof. Here’s why.