As the end of tax season approaches, the Internal Revenue Service reminds North Carolina taxpayers that IRS Free File is a ...

How will DOGE and the Trump Administration's cuts to federal workers affect the IRS and you getting your tax return?

THE Court of Tax Appeals (CTA) ruled in favor of Ginebra San Miguel, Inc. (GSMI), which claimed it was “erroneously and illegally” charged P66.38 million in excise tax. GSMI sought P66.38 million in ...

The IRS requires you to report the canceled debt as income if $600 or more was canceled. Once your debt is settled, your creditor should send you a Form 1099-C, Cancellation of Debt, and report it ...

As an Investopedia fact checker since 2020 ... (IRS) on the annual earnings of individuals, corporations, trusts, and other legal entities. Federal income taxes for individuals apply to all forms ...

Income taxes, sales tax, and capital gains tax are all forms of tax liabilities. Taxes are imposed by various taxing authorities, including federal, state, and local governments. Taxes generate ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Here's when the last day to file taxes is, what documents you'll need, a quick breakdown on some new forms for the 2024 and 2025 tax season and how to track your tax refund. When is the last day ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation.

views on IRS collections and the debt ceiling. The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce ...

Criminal cartels in Mexico smuggle illicit forms of fentanyl – often produced with chemicals ... "Whatever they tariff us, we tariff them. Whatever they tax us, we tax them," Trump said. "If they do ...