Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

Any taxpayer can create a free ID.me account to see what forms they should expect to receive this year, since anyone issuing a W-2 or 1099 will also issue a copy to the IRS. Employees receive a W-2, ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

If you’d like more information about the earned income tax credit for yourself, a friend, or a family member keep an eye out for EITC Awareness Day. Each year, the IRS takes a day to shed light ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Capital Southwest Corporation ("Capital Southwest" or the "Company") (Nasdaq: CSWC), an internally managed business development company focused on providing ...

The IRS has a chart on its website to help you determine what range applies to your federal tax return. Earned income credit rules and requirements can be confusing, so you can check to see if you ...

Dividends distributed to Non-U.S. Shareholders may have been withheld to pay U.S. federal income tax. Non-U.S. Shareholders should contact their tax advisor with any questions regarding this ...

Nobody wants to pay more in taxes than they have to — but every year, millions of taxpayers miss out on valuable deductions, credits, and tax-saving opportunities simply because they don't realize ...