Govt estimates 13.4% rise in tax receipts despite raising exemptions, with direct tax share hitting 60% in FY26 ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

You may also be required to pay an estimated quarterly tax if you ... As you are starting your business, keep receipts for any business purchases. If you're paying your small business taxes for the ...

In 2024, it took the IRS an average of 676 days to resolve an identity theft case, five times longer than the 129 days it ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Anyone who earns income that isn't taxed should pay quarterly estimated tax payments. If you're working a side hustle or freelance this year, paying quarterly taxes can help you avoid IRS self ...

It’ s income tax time again, and this year it’ s time to make a big change in how you file if you’ re one of the small ...

Typically, you can expect a refund when you overpay taxes throughout the year via paycheck withholdings or estimated payments. "Filing electronically and selecting direct deposit is the best way ...

These payments are the dreaded quarterly, or estimated, taxes Quarterly taxes can be confusing, but they don't have to be scary. Once you know the basics — and debunk a few pesky myths — you ...

Typically, you can expect a refund when you overpay taxes throughout the year via paycheck withholdings or estimated payments. As of Dec. 27, the average refund for the 2024 season was $3,138 ...