You’ll likely get a tax refund — but remember, the IRS issued over 96 million refunds in 2023, with the average refund at around $3,000. That’s your money coming back.

• Pay 110% of your 2024 total tax (if income was above $150,000) For those who failed to meet the deadline, the recently introduced IRS Fresh Start Program can provide alternate opportunities.

The Internal Revenue Service (IRS) notified all taxpayers to file their second-quarter taxes by June 16 to avoid facing the risk of penalties. “Taxpayers that receive income not subject to withholding ...

Your annual income is the total amount of money a person or a business earns during the year. This includes all money generated through all income sources, such as salaries and wages, rental ...

Winning ‘Wheel of Fortune’ is a dream of many people; however, not everyone wishes to get their hands on some prizes ...

Even as markets perk up, job jitters haven’t exactly left the building. In fact, job insecurity is rattling workers across ...

Senior Deloitte tax practitioners report that transfer pricing audits are homing in on intercompany services in Argentina, ...

Via Notice 2025-33, the IRS extended transition relief from backup withholding tax liability and penalties for brokers that do not withhold and pay the backup withholding tax for digital asset ...

Estimate your 2025 federal refund or bill using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or the ...

The Federal Inland Revenue Service (FIRS) has engaged stakeholder to focus on the practical implementation of the 2024 Withholding Tax (WHT) Regulations. The engagement attracted a cross-section ...

For many of us, Tax Day comes but once a year. For others, taxes come due more often. Freelancers, small business owners and ...