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The Latest Breaking News from Tax Return

Ex-IRS contractor pleads guilty in leak of tax return information of Trump, wealthy people

A former contractor for the Internal Revenue Service charged with leaking tax information to news outlets about former President Donald Trump and thousands of the country’s wealthiest people pleaded guilty Thursday in an agreement with prosecutors

The Independent UK

IRS contractor charged with leaking tax return information of wealthy people

A former contractor for the Internal Revenue Service has been charged with leaking tax information to news outlets about a government official and thousands of the country’s wealthiest people

The Independent UK

FCC judge rules that Knoxville's only Black-owned radio station can keep its license

Since 2022, WJBE has battled with the FCC over its owner, Joe Armstrong, being able to own a radio station following his conviction in 2016 for making a false statement on his tax return.

WEKU

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read the most diverse news in one place.

Last Minute Tax Tips for Extension Filers

If you extended your tax return in April, it's due in October, and it’s time to deal with it. Here’s a few things to know as you gather your documents.

The Street

Navigating taxes in your golden years

Taxpayers over 65 may be eligible for certain benefits, including a higher income threshold, a higher standard deduction and some income exempt from tax.

The Street

The pros and cons of using artificial intelligence for your taxes

A certified public accountant posed a series of tax questions to ChatGPT to see how well it might help with filing taxes. Here’s what he discovered.

The Street

My husband died suddenly, then HM Revenue and Customs sent him a £100 fine

I had no idea I was supposed to file a tax return for my late husband, but my attempts to explain have been greeted by a penalty notice

The Guardian - UK

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Which form should you use to file your taxes?

The IRS has three different versions of the Form 1040 that you can use to file your taxes: 1040, 1040-SR, and 1040-NR. Here are the key differences.

The Street

Common tax mistakes: Avoid these errors on your tax returns

Learn how to avoid these mistakes and maximize your tax savings, ensure accuracy in your tax filings and avoid penalties with these helpful tips.

The Street

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system

The Independent UK

OPINION - Everything I need for work I learned on the job — my degree was a waste of cash

In my last job, £258 of every paycheque was syphoned off to the Student Loans Company. Now that I’ve gone freelance, I sometimes have palpitations about the chunk of money I’ll have to hand over to cover the debt come tax return time.

Evening Standard

Worried you'll lodge a late tax return? At least 80,000 Australians can't afford tax advice

If you’re struggling to complete your tax return, you’re not alone. There are cases of Australians being years, even decades behind in their tax returns. And the poorer you are, the more likely you’ll need but can’t afford some professional help.

The Conversation

Are You Mistakenly Dead to the IRS?

A new report says the IRS placed 'deceased locks' on accounts of more than 90,000 taxpayers who weren’t dead.

Kiplinger

The yearly grind

The inherent anxiety and tension remain despite the well-meaning reforms and technological advancements initiated by the Income Tax department.

The Hindu

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Kiplinger

Montana Property Tax Rebates and Other Relief for Homeowners

Here’s everything you need to know about Montana property tax rebates and long-term tax relief.

The Conversation

myTax is fast and free – so why do 2 in 3 Australians still pay to lodge a tax return?

Ten years ago, the Australian Taxation Office (ATO) created the “myTax” portal, an easy way to lodge your tax return online.

The Guardian - UK

Corbyn and Reeves among MPs who claimed accountants’ fees on expenses

Andrea Jenkyns and Michael Fabricant also among 12 MPs who used parliamentary expenses for help with tax returns

The Independent UK

IRS steps toward a new free-file tax return system have both supporters and critics mobilizing

Plans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what…

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news in one place.

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Pedestrian.tv

Accountant To The Rich & Famous Has Shared His Advice For Beefing Up Your Lousy Tax Return

A former accountant to an Aussie media mogul has put their money where their mouth is and spilled all their tips and tricks on navigating the treacherous tax season. Allan Mason, who was the former accountant of billionaire Kerry Packer — yes, the father of James Packer, AKA Mariah Carey‘s…

Pedestrian.tv

Aussies Are Taking To TikTok To Vent About Their Straight Up Heinous Tax Returns This Year

"When you think you're getting a fat cheque but you really owe the government."

TechRadar

Tax prep companies could have been sending your private data to Google, Meta, and others

Millions of American citizens’ tax returns could have been spied on by Meta and Google tracking pixels.

Kiplinger

Who’s Named First on Your Income Tax Return?

A new study says the order of names on a joint income tax return can provide insights about the people filing.

Pedestrian.tv

Your Tax Return Could Be Looking A Lot Sadder This Financial Year & Here’s Why

RIP to those flights you were planning to book.

Pedestrian.tv

AW HELL YEAH: This Sneaky Hack Could Earn You An Extra $2,000 On Yr Tax Return

30% of Aussies spend an average $1,936 on professional education each year — and you might be able to claim it on tax.

AAP

Don't expect many happy returns from the tax office

Australians may be hanging out for the new financial year as cost-of-living pressures bite, but there are reasons to expect a smaller tax return this year.

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