Freedom Debt Relief reports that severance pay is taxable as ordinary income, affecting your tax bracket and obligations. Employers may withhold varying amounts based on payment structure.

Several movies that have been set in South Dakota haven't actually been filmed there. South Dakota News Watch reports the state is one of only nine states without such tax ...

Pritzker said his executive order was meant to emphasize the massive scope of what the Trump administration’s policies were doing to state budgets.

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or ...

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...

ISLAMABAD: After repeated promises of simple form, the Federal Board of Revenue (FBR) has finally issued a comprehensive income tax return form for traders for tax year 2025. The return form for the ...

Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive ...

The Federal Board of Revenue (FBR) has issued the new five-page income tax return form for traders for the year 2025. The form seeks detailed business, financial, and personal information from ...

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no longer issue paper refund checks. The move, the agency said, is the first ...

Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...