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

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 ...

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 ...

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

Climate Defiance counts its key backer as a network funded by the Rockefellers, former Google CEO Eric Schmidt, and other ...

But Minnesota’s nascent marijuana industry is wary of federal legalization. Here's a look at why some advocates worry.

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025.

The IRS announced its new individual retirement contribution limits. It refers to the amount of money folks can set aside ...

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