When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.

Managing your tax burden effectively doesn't just mean paying your tax ... volunteered in a formal setting between September 2020 and September 2021. With this in mind, there's a decent chance that ...

The IRS utilized tax return information from 2018, 2019, and 2020 to determine income and eligibility for the stimulus payments. The agency also obtained information from the Social Security ...

For example, the Lifetime Learning Credit hasn't been adjusted since 2020. IRS inflation adjustments ... It's also helpful to keep tabs on tax law changes that are unrelated to inflation. This ...

Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.

We discuss why authorities may temporarily restrict exit of individuals from Vietnam over tax debts and key steps to avoid ...

– Earned Income Tax Credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax ...

Any nominations during Trump's second term would likely be of younger judges who could serve for decades, ensuring a conservative hold on the court for years to come. Gorsuch and Kavanaugh were in ...

CRA has lost about $190 million in payments made to scammers since 2020, with the highlight item being a $40 million tax ...

The Arizona Republic estimates about 77% of those eligible might turn out, perhaps a few percentage points fewer than in 2020.

Maricopa County voters will decide on treasurer, assessor, and Propositions 479 and 486. Here's what the results say.

Illinois residents headed to the polls Tuesday to decide local and national races, which range from US president to state ...