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

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.

The IRS provides straightforward instructions with the form to help you get it right but always check with a tax professional if your tax situation is a little complicated and you're unsure. Article ...

The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...

With the 2025 tax season underway, Free File could be just what you need to get your taxes done early and only for $0.

2025 provincial and territorial income tax rates Provincial and territorial tax rates vary across Canada; however, your provincial or territorial income tax (except Quebec) is calculated in the same ...

Due to higher than normal intake volume, the Canada Revenue Agency is experiencing delays in processing Form T2201, Disability Tax Credit Certificate. We will respond in writing once a decision has ...

Republican lawmakers this week began to explore ways they might use their new House and Senate majorities to unwind federal climate, education, financial, health, labor and tax rules they dislike.

He is scrapping the system in which the Government collects betting duty of 6.75% from bookmakers, which is passed on to punters in a 9% tax. Bookmakers can absorb all the costs of the new tax ...

The memo, sent by Youngkin’s chief of staff John Littel Tuesday, acknowledges that some aid portals were briefly shut down as federal agencies scrambled to implement Trump’s executive orders.

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...