When the IRS first put out Publication 590-B in 2021 for the 2020 tax year, it offered an example that implied someone (a non ...
Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.
Discover how cash awards work, including types, benefits for employees and employers, and tax considerations, to maximize ...
Discover how IRS Publication 557 can guide your organization to secure and maintain tax-exempt status, ensuring compliance with essential IRS regulations.
Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.
When writing about taxation of retirement accounts, I've referred to IRS Publication 590- B many times, as it provides guidelines to taxpayers for handling required minimum distributions from ...
These seven common deductions draw IRS scrutiny — not because they're suspicious, but because most people document them wrong ...
The Internal Revenue Service has opened a 90-day public comment period, ending March 22, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty framework.
Assam’s statewide overhaul of its outdated property tax system, driven by digital tools, updated valuations, and integration ...
Discover how IRS Form 1065 helps partnerships report income and deductions. Learn how it’s crucial for completing partners’ tax returns with Schedule K-1 allocations.
OTTAWA, ON, Dec. 11, 2025 /CNW/ - In 2025, approximately 93% of income tax and benefit returns were filed online. If you typically file on paper, why not enjoy the benefits of online filing? It makes ...
The IRS has now published updated confirmation that the casino slot jackpot tax is to be almost doubled in 2026. An X post by ...