IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...
US workers can expect to receive a W-2 form by the first week of February. The form details your total earnings from the ...
Corporate tax without the corporation. An LLC allows a business to be taxed as a corporation without the hassles of a corporation’s business structure. LLCs are generally less expensive to operate, ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
Learn how American expats can use the Foreign Earned Income Exclusion to prevent double taxation on income earned abroad and ...
Americans may receive $2,200 Child Tax Credit checks in 2026 with one simple IRS form filing. The Child Tax Credit remains the most valuable benefit for families with children. For the 2026 filing ...
A rising number of salaried taxpayers awaiting refunds for Assessment Year 2025–26 are seeing their income tax returns remain pending for extended periods. The Income Tax Department has temporarily ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the first time—cutting paperwork, reducing errors and speeding up the process.