MiBolsilloColombia on MSN1d
What should immigrants know about filing taxes with the IRS in 2025?
The United States Internal Revenue Service (IRS) has intensified its focus on examining the tax returns of immigrants, ...
Accounting Today4d
IRS approaching major layoffs, cuts as tax season heats up
This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for ...
SmartAsset on MSN3d
How to Use the Foreign Tax Credit to Offset AMT
The foreign tax credit can help mitigate the impact of the alternative minimum tax (AMT) for taxpayers with income taxed abroad. While the AMT limits certain deductions and credits, it does allow a ...
IRS Form 7004: How To Get an Extension on Filing Business Income Tax
Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...
Commerce head says Trump wants new tax plan. How could killing income tax affect people in MS?
Commerce secretary said President Trump wants to revamp the tax system, drop income taxes for people making less than $150K.
MiBolsilloColombia on MSN3d
Elimination of taxes for those earning less than $150,000: How would the lack of income be compensated?
In a groundbreaking move, a proposal aims to eliminate taxes for Americans earning under $150,000 annually. This initiative, ...