Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest answer is there’s rarely anything. The 2024 tax year ended Dec. 31, ...
Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.
The 2025 filing season has been completed quietly, despite trepidation regarding the Internal Revenue Service's ability to function effectively in the face of cuts in funding and staff. Processing ...
From an income tax perspective, the new Income Tax Act, 2025, scheduled to be effective from 1 April, 2026, simplifies ...
Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...
Indiana's 2025 legislative session, specifically Senate Bill 1, offered property tax cuts for residents and significant cuts for businesses. While providing modest relief to some homeowners, the bill ...
There are some hard truths about human behavior lurking in the 1040 Every year as the tax deadline approaches, people want to know the last-minute things they can do to lower their bill. The honest ...