The civil fraud penalty is imposed when the IRS determines that you intentionally falsified your tax return in order to evade ...

Tax season has arrived, and TaxBandits is prepared to simplify year-end filings for businesses, accountants, and tax professionals nationwide. As a trusted IRS-authorized e-file provider, TaxBandits ...

Let us be honest. Filing taxes with the IRS is not easy. Most of the time, you will need to recollect past occurrences and ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are the ...

That means the standard mileage rate for business use is now 70 cents per mile, up from 67 cents in 2024. However, the IRS said that its other standard mileage rates in 2025 will remain unchanged from ...

Haul, California led the nation for out-migration for the fifth year in a row, with neither the company’s top 25 ...

Taxpayers in disaster areas who received extensions to file their 2023 returns must, depending on their location, file their ...

A judge has shut down former Basketball Wives star Brittish Williams’s motion to vacate her four-year prison sentence.

THE Bureau of Internal Revenue (BIR) said it collected P130.91 billion in tobacco excise taxes in the first 11 months of 2024 ...

If you've started fixing your documents for the 2024 tax year, you may be interested in the child tax credit – if you have multiple dependents, you may be able to save thousands in taxes this year ...

This month, the Internal Revenue Service says it will distribute about $2.4 billion in outstanding stimulus check funds to taxpayers who did not claim a credit they were actually eligible for in 2021.

The Social Security tax cap protects the wealthy from paying their fair share. The rest of us pick up the burden ...