Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

The IRS has announced that on Monday Jan. 27, 2025 will start the 2025 tax filing season. The agency recommends taxpayers to ...

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel ...

An EIN is a tax ID number for businesses, churches, and some other organizations. An EIN is a form of tax ID number, but not ...

Federal tax policy was not kind to Canadians in 2024. That shouldn’t be a surprise: it wasn’t kind to Canadians in 2023 or 2022, either, or in any year since 2016, when the Trudeau government ...

The federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of February. The announcement from Finance Minister Dominic LeBlanc comes ...

As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.

What Might Happen with Taxes in 2025? Taxes are a major topic for 2025. With many provisions from the Tax Cuts and Jobs Act set to expire on Dec. 31, 2025, individuals and businesses alike are ...

The government has been actively conducting surveys to identify tax evaders under Section 133A of the Income-tax Act, 1961. In response to a question raised in the Lok Sabha by Arun Kumar Sagar ...

Here's a primer on income tax: what it is, how it works, how to calculate it and which states don't have it. There is federal income tax, as well as state income tax. However, not all states ...

Bern, 20.12.2024 - The Federal Council has taken note of the report prepared by the Parliamentary Investigation Committee (PInC) on "Management by the authorities – CS emergency merger". It welcomes ...