A court ruling could allow refunds of IRS penalties and interest from 2020–2023, but most taxpayers must file Form 843 by ...

If you haven’t received your tax forms from your employer by Jan. 31, reach out to your HR department. Keep in mind that ...

Major updates to IRS Form W-4 and new federal tax deductions are reshaping how Americans approach 2026 withholdings and returns. Legislative changes introduce targeted breaks for tips, overtime, and ...

If your tax refund or balance due was bigger than expected, there’s still time to adjust paycheck withholdings for 2026. Typically, workers request changes via Form W-4, and there's an IRS tax ...

It looks increasingly likely Treasurer Jim Chalmers will make changes to the capital gains tax (CGT) discount in the federal budget in May. Under the current system, a person who has held an asset for ...

WASHINGTON (7News) — Changes to the tax code mean more tax filers are in line for bigger refunds this year. The average tax refund is $3,600, ten percent higher than last year. It's all because of ...

While most Americans don’t exactly look forward to April 15, this year offers real reasons to feel more optimistic, particularly if you are a small business owner or a solo entrepreneur thanks to tax ...

A new tax year may have only just started but it is already worth getting ready for April 2027 as savers and investors will be hit with even more tax grabs. Several new tax changes have been brought ...

Several important income tax changes are scheduled to go into effect on April 1, 2026, providing taxpayers with a combination of relief and increased compliance requirements. However, it's important ...

CHARLESTON, S.C. (WCSC) — South Carolina lawmakers are considering a bill that would allow South Carolina taxpayers to take advantage of the tax breaks in President Donald Trump’s One Big Beautiful ...

The IRS issued new instructions in March clarifying the tip deduction limit for self-employed individuals. Married couples must share a single $25,000 limit on the qualified tip income deduction, not ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. If you receive money from a lawsuit, as with most legal ...