A Billerica paving company owner has been sentenced to six months in prison after pleading guilty in federal court to a tax evasion scheme that allowed him to pocket over $1 million in unpaid federal ...

One Simple Shift That Could Save You Thousands This Tax SeasonPicture this: It's February, and you're staring at your W-2.

Finally, you can make an estimation using a little math. Each quarter, add up your actual income, multiply it by four (this ...

Amidst the 2024 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your ...

Tips delivered in another method that aren’t cash, but that have monetary value are considered noncash tips. These may ...

Tax season is fast approaching, and you might be leaving money on the table. An Illinois tax professional said new tax code ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...

Elon Musk is going for the kill again. His Department of Government Efficiency (D.O.G.E) just set its sights on the IRS and ...

Most people who are eligible for tax credits claim them. Direct File—the IRS’s online tool for filing tax returns—could get ...

If you’d like more information about the earned income tax credit for yourself, a friend, or a family member keep an eye out for EITC Awareness Day. Each year, the IRS takes a day to shed light ...

The IRS has revamped its tax reporting regulations for digital income, impacting how individuals report earnings from ...