Taking tax advice from TikTok can come back to bite you, experts say. The IRS is cracking down on "other withholding" claims.

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Is there a lousier system for collecting government revenue than the one we have now? None that we can think of. Read Full Article » ...

That's when the IRS officially started accepting tax returns. Many Americans are already counting on refunds. A recent survey conducted by Qualtrics for Intuit Credit Karma found that more than a ...

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the ...

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 ...

The UK tax collector must "take responsibility for its own failings to offer sufficiently effective digital services to customers," according to a committee of MPs which accused HMRC of "deliberately" ...

The Trump administration's decision to withdraw from the OECD's global tax deal will impact international consensus on a global minimum tax, but India remains unaffected. Experts note that the US exit ...

Shortly after assuming office, US President Donald Trump declared the Global Tax Deal ineffective in the US, undermining the OECD's progress in uniting 140 countries to impose a minimum 15% tax on ...

BANGKOK: Thailand's cabinet on Tuesday (Jan 21) agreed to levy a carbon tax of 200 baht (US$5.88) per tonne of carbon emissions, a deputy finance minister said, as part of the country's efforts to ...

This season, the IRS expects more than 140 million individual tax returns — and most qualify for a lesser-known free tax filing option. The program, IRS Free File, is a public-private ...