From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines this tax season.

The IRS doesn't have a "conscientious objector" type of exemption, not for political or religious reasons. The government expects you to pay tax on all your income as you earn it, which means that if ...

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

What could that cost an individual? According to an accountant MarketWatch consulted, it would be a lot. To use round numbers, if you had $100,000 in adjusted gross income for 2025 and took the ...

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard deduction for 2025. Depending on your income level, that means your ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

The Earned Income Tax Credit (EITC) is a crucial federal tax benefit for low to moderate-income workers in the United States.

You get two more months to file the tax return if you work outside USA or serve in military or naval service on duty outside the country. However, this does not mean that you get two more months to ...

Delhi High Court held that suo moto disallowance with bona fide yet mistaken belief that amount is liable to be offered for taxation, such mistake can be rectified via revision application under ...

Traditional and Roth IRAs differ mainly in how and when your money is taxed. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...