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

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 ...

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.

President Bola Tinubu has turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills. The president rejected the recommendation of NEC on Friday evening in a ...

The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024. The Internal Revenue Service detailed the ...

Complex tax situations typically include anyone with freelance income (1099 tax forms or Schedule C forms for self-employed filers), small business owners (who would want to deduct business ...

After receiving briefing on the Tax Reform Bill, the National Economic Council (NEC) yesterday urged its withdrawal from the National Assembly to allow for wider consultations. The Executive Bill ...