The federal government on Wednesday flatly rejected reports that it was planning to introduce new taxes on telecommunications services or petroleum products, describing the claims as factually ...

Hong Kong is considering scrapping tax on performance-linked bonuses for fund managers as it seeks to attract investment talent, reported Reuters citing sources familiar with the plans. The proposal ...

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

A landmark federal court decision has opened the doors to COVID-era tax refunds for millions of U.S. taxpayers. In Kwong v. United States, the U.S. Court of Federal Claims determined that the COVID-19 ...

On April 24, President Trump extended the existing waiver of the Jones Act (the “Waiver”), which permits foreign-flagged vessels to transport oil, fuel and fertilized between U.S. ports. The original ...

Howard County has incentivized dozens of new, lower-cost units — offering developers a tax waiver to improve the area’s affordable housing stock. But the effort will put only a small dent in the ...

WASHINGTON—The Trump administration is scaling back tax enforcement, leaving fewer federal employees to audit returns, collect unpaid tax debts and deter Americans from skirting the law. The Internal ...

The proposed tax rebate, which was initiated last Friday by city councilmember Traci Park and seconded by councilmember John Lee, petitioned the city to provide financial relief for both residents and ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. As Los Angeles homeowners grapple ...

An IRS installment agreement allows taxpayers to pay off their tax debt over time through monthly payments. While these plans prevent aggressive collection actions, interest and penalties continue to ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

Millions of Americans could be owed a refund from the IRS as a result of a recent court ruling. Last month, a U.S. Court of Federal Claims decision expanded the interpretation of a specific tax code ...