Expectations are high among taxpayers that Budget 2025-26 may introduce some big-bang reforms on the personal taxation front. Key factors fueling these expectations include declining returns on ...

The Tax Cuts and Jobs Act (TCJA) was a major overhaul of the tax code, signed into law by President Donald Trump in his first term on Jan. 1, 2018. The Senate passed TCJA on Dec. 2, 2017 ...

This Economic Issue is based on IMF Working Paper 00/35 "Tax Policy for Emerging Markets," by Vito Tanzi and Howell Zee. Citations for the research referred to in this shortened version are provided ...

The tax plan has undergone a series of reforms and changes over the years, tracing its roots back to pre-independence America. Colonists and post-Revolution Americans paid excise taxes on ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki ...

Tax season isn't anyone's favorite time of the year, but you can make the process less painful with the right tax software. The best programs have free and paid tiers, offer robust live and AI ...

Danni Santana has spent seven years as an editor and business journalist covering industries like sports, retail, restaurants, and now personal finance. Most recently he worked as a retail editor ...

To maintain its thriving tourism industry while enhancing oversight, Japan is introducing a revamped tax-free system that changes the way international visitors can enjoy shopping savings.

We list the best tax software, to make it simple and easy to manage your state and federal taxes, and file them accurately and on time. Picking the best tax software is a crucial part of keeping ...

Nobody wants to think about taxes more than is necessary. If you want to file quickly and correctly, online tax software can help — and you may not even have to pay. We evaluated eight tax-prep ...

By Pam Belluck The preparers filed for pandemic-related tax credits on behalf of ineligible clients and then netted hefty filing fees, officials said. The health secretary pick and his ...

All cash income should be reported on federal tax returns, regardless of whether a person receives a W-2 or 1099 Form from the entity that paid them. Whether you receive cash tips as part of your ...