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The Latest Breaking News from Tax Return

Nine Tax Deadlines for April 15

Do you know about all the various tax deadlines that fall on Tax Day?

Kiplinger

Filing a business tax extension

Do you need more time to file your 2023 business tax return? Here's how to file for a business tax extension.

The Street

Closing a business

If you're planning to close a business, don't forget that tax rules require you to keep the IRS in the loop.

The Street

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read the most diverse news in one place.

Tax trends and tips

A few interesting trends emerged in last year’s tax returns that give insight into what the future may hold. Lisa Greene-Lewis, CPA and TurboTax Live expert, explains.

The Street

Tax tips for investors

If your investments went up in 2023, you may have to report those gains on your taxes. Miguel Burgos, CPA and TurboTax Live expert, has some tips.

The Street

Understanding IRS Direct File: Who Could Benefit This Tax Season?

With tax season well underway, learn about this pilot free online tax-prep tool that will allow you to file your federal income tax returns for free

Latin Times

The Price of Filing Taxes With a Professional is Rising

The average cost of working with a tax professional is going up.

Kiplinger

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Six Biggest Mistakes Made on Retirees’ Tax Returns

Reducing your lifetime tax bill is the goal, so if you or your tax preparer made any of these mistakes, an amended return or better planning might be in your future.

Kiplinger

IRS Launches Direct File Program For Free Tax Filing

Learn about Direct File, the IRS's new free electronic tax return system simplifying tax filing.

Top News

What Is Earned Income Tax Credit and Who's Eligible in 2024?

A comprehensive guide on the little-known Earned Income Tax Credit

Latin Times

Does Your Child Need to File a Tax Return This Year?

Here’s how to tell if your child needs to file a tax return in 2025 and how it can impact your tax liability.

Kiplinger

Can I convert my LLC to an S-corp when filing my tax return?

Converting your LLC to an S-corp when filing your tax return can be a complicated process, but it is possible. Find out how it can be done.

The Street

Congress MP Dhiraj Sahu revises income tax returns; settles taxes on ₹150 crore with ₹50 crore remain unexplained

“Congress Rajya Sabha member Dhiraj Sahu, who was in the news following a ₹350 crore cash recovery from his premises, has revised his income tax returns and paid taxes for ₹150 crore,” according to sources.

The Hindu

Get rid of the paper clutter: how to deal with your household documents

From ways to store important documents to the right ways to destroy them

The Guardian - UK

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Kiplinger

Mortgage Interest Tax Deduction: What You Need to Know

Should you claim the mortgage interest deduction when you file your federal tax return?

Kiplinger

Tax Tips for Filing Your 2023 Tax Return

From filing early to electronic filing, these tax tips will help speed up the process of filing your 2023 tax return.

The Guardian - UK

How can I possibly fill in my own tax return? I know nothing about money

This year like every year, I’ll be paying someone to handle my self-assessment. I know it’s pathetic – but why aren’t we taught about this stuff at school?

The Guardian - UK

Almost 4 million people yet to file UK tax return due on 31 January

HMRC issues ‘act now’ plea as deadline looms for self-assessment tax return with penalties for those who miss it

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The Guardian - UK

Self-assessment tax return: the dos and don’ts to ensure you don’t pay too much

Late to file or unsure if you need to? Here’s what you need to know – and how to ensure you don’t pay too much

The Independent UK

Less than a month for nearly 5.7m people to meet self-assessment deadline

Some 127 people saw in the new year by filing their tax return, according to HM Revenue and Customs figures.

AAP

Taxpayers cop fines after using unregistered tax agent

An unregistered tax agent who unlawfully lodged hundreds of tax returns filled with dodgy deductions exposed her clients to ATO fines and unexpected tax bills.

The Street

4 reasons why a dependent child should file an income tax return

Learn when and how a dependent child would be required to file a tax return for income they've earned.

Kiplinger

Time to Act on These Year-End Tax Planning Tips

With a short time left before 2024 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.

Chicago Sun-Times

IRS plans limited rollout of free e-file tax return system with invitations to select taxpayers

The agency estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season.

Kiplinger

Medicare Premiums 2024: IRMAA for Parts B and D

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