Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

It’s never on anyone’s to-do list to carefully look at all the statements they’re receiving. Most tax filers either hand ...

The Illinois Department of Revenue (IDOR) announced today it will begin accepting and processing 2025 tax returns on Monday, Jan. 27, the same date the Internal Revenue Service (IRS) begins accepting ...

The thousands of Californians who have lost their homes or businesses and the tens of thousands more who have been evacuated during the Los Angeles fires may be able to get some relief from the ...

And then also a growing recognition of inequity or unfairness in many state tax codes will start to come to a head in 2025. Paul Jones: We've talked about declining revenues, possible cuts to ...

Which is why a flat tax will never become law. Congress enjoys dominion over this hodgepodge of word salad and retains the power to alter, amend or change any and all parts of the code for reasons ...

The proposal, spearheaded by Rep. Earl L. “Buddy” Carter (R-GA), would dismantle the current federal tax code and replace it with a single national sales tax. That "consumption tax" would be ...

Rep. Earl “Buddy” Carter has proposed eliminating the Internal Revenue Service (IRS) and replacing the current US tax code with a national consumption tax through a bill known as H.R. 25, the Fair Tax ...

The 2022 Annual Tax Sale, conducted by my office as directed by Illinois law, was probably a worrisome process for property owners whose property taxes were delinquent and sold. Understanding how the ...

And in line with their efforts to balance a booming tourism industry with efficient oversight, they're rolling out a new tax-free system that introduces changes to how international visitors can claim ...

most notable being the Direct Taxes Code drafted in 2009 by the UPA government. (Image/Freepik) The much-awaited revamped Income-Tax Act, which will be far simpler and more unambiguous than the ...