For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024. And for couples who file jointly, that standard ...

Sovos, the always-on compliance company, today announced the launch of 1099 Professional, a new solution designed to simplify tax information reporting for small and medium sizes businesses (SMBs).

For small businesses, understanding and adapting to new tax laws is crucial for maintaining financial health and ensuring compliance. The year 2024 has introduced significant tax legislation that ...

After two years of delays, the IRS's third-party payment apps reporting change might impact your 2024 tax return.

Freelancers and independent contractors have to fill out Form W-9 for their employers and clients. Here's what to do and how ...

Pulse Nigeria reported that during the recent NEC meeting, led by Vice President Kashim Shettima, the council suggested shelving the tax bill after a collective decision from northern governors ...

President Bola Tinubu through a statement issues by his media aide Bayo Onanuga has insisted that the Proposed Tax Reforms Bill currently at the National Assembly will go through legislative processes ...

Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary Public, Certified VITA Tax Preparer, IRS Annual Filing Season Program Participant, and Tax Writer. The United ...

collectively decided to oppose the tax reform bills. However, President Tinubu, in a statement issued on Friday by his media aide, Bayo Onanuga, shunned the recommendation and urged the NEC to ...

The Progressive Northern Youth Forum (PNYF) has praised President Bola Ahmed Tinubu for rejecting the National Economic Council’s (NEC) recommendation to withdraw the tax reform bills.

A Philadelphia electrical contractor can’t bring its $1.53 million refund claim against the government because it failed to file a valid request to the IRS on time after its owner pleaded guilty to ...