Americans, Brits and other internationals have been left shocked after an Australian's tax return was shared online. Taxes ...

This proposed legislation seeks to replace the existing Income Tax Act of 1961, which has been in place for over 60 years.

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Although these investments are not tax free any more, returns earned by investing in them are still exempt from income tax ...

Filed and forgot it? Most people don’t think about needing a previously filed tax return from a past year until they need it in dire straits. Whether you were audited ...

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.

The IRS is accepting returns now through April 15. Here's how to track your refund and calculate how much could come your way.

Income taxes don't end just because you've reached your senior years. In some cases, federal tax returns for seniors are ...

OTTAWA — Small businesses across Canada are still being taxed on their carbon tax rebates despite a commitment from the former finance minister that they would be tax-free, says the Canadian ...

State Representative Erin Paré said that as it stands right now, North Carolina law does not allow an itemized deduction for losses.

The IRS started accepting 2024 tax returns on Jan. 27, and the agency posted the first statistics from tax season 2025 last ...

W ith tax season officially underway, you'll need to know the standard deduction amount you can claim for 2024. After all, most taxpayers opt to take the standard deduction rather ...