HMRC warns more than a million taxpayers they face financial penalties
More than a million taxpayers are being warned they face financial penalties. HM Revenue and Customs says the majority of ...
Understanding Your 1099s: A Guide for Retirement and Investment Accounts
Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.
IRS federal tax return filing deadline is April 15 — unless you get an extension
April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...
Opinion
Don’t miss out on Earned Income Tax Credit
As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...
BBA Partnership Audit Rules: The Complexities In Filing An AAR
Buried within the BBA audit rules are strict requirements applicable to amending a partnership income tax return—known as an ...
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IRS in 2025: who must file, who is exempt, and how you should fill out the forms
As the 2025 tax season approaches, understanding deadlines and filing requirements is crucial. While most taxpayers have ...