By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.

We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...

Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin ...

The fully integrated campaign, built on a full-funnel, multi-channel approach, features high-impact partnerships with the NCAA ® (TurboTax is an Official Corporate Partner of the NCAA), Netflix, ...

In this episode of Tax Notes Talk, Tax Notes reporters discuss updates on the biggest tax issues of the year, including the ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

“I want to make it as simple as possible for people to file taxes and access the tax credits and deductions they’ve already earned but often miss out on,” Polis said in his letter. “I was disappointed ...

Trump accounts are a new type of tax-deferred investment vehicle for U.S. children, created under President Trump's "big, beautiful bill" tax and spending bill, which promises $1,000 seed ...

December has emerged as a crucial month for compliance, with taxpayers, bank customers and government pensioners required to complete several mandatory tasks to avoid penalties, blocked transactions ...