Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

For a typical Canadian couple, new U.S. border rules could add $250 to $900 a year in extra costs — covering document preparation, travel delays and cross-border tax advice — before they even unpack ...

After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.

Don’t expect to wait by the mailbox for your tax refund check in the spring. The Department of Treasury is transitioning to fully electronic payments, a change that means tax refunds issued by the IRS ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

As it does each year, the IRS has announced inflation adjustments to several tax credit and deduction amounts for 2026. This includes new 2026 income tax bracket thresholds, higher standard deduction ...

Members of the committee say its formation highlights the need for more prevention and intervention efforts. Senate Democrats block government funding bill for 13th time Hurricane Melissa makes ...

HMRC has warned UK households there are "just six months to go" before a big income tax change. Tax returns are changing – with a new way to record and report your income and expenses. This is called ...

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Here's some good news for families planning to adopt next year: The IRS is making it cheaper. The 2026 adoption tax credit jumps to $17,670 per child, and thousands of dollars could come back to you ...