Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

Community solar projects allow subscribers to benefit from the renewable energy source even without installing solar panels.

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 ...

Not everyone is required to file taxes, but most Americans must and probably will submit a return. Some will even do so today, the first day the IRS is accepting and processing returns this tax ...

The 2024 tax season has begun and the deadline for most people to file their federal tax returns is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines ...

Tax season has officially begun, as the IRS is now accepting 2024 federal tax returns as of today, Monday, Jan. 27, 2025. Today also marks the first day taxpayers can use Direct File to submit ...

As we enter 2025, taxpayers nationwide are bracing for significant tax reforms. You've probably heard about changes that will come at the federal level as a new administration enters the White ...

Local governments collect these taxes to help fund projects and services that benefit the entire community—things such as roads, schools, police, and emergency services. There are two primary ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. TikTok parent ByteDance is asking Chinese staff at its Singapore headquarters to pay tax to their home ...

Donald Trump has threatened to double taxes on foreign nationals and companies in a row over “discriminatory” levies on US businesses. The president has instructed the secretary of the ...