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 ...

This tax reporting change will be implemented in phases. It could be delayed again, but freelancers should plan ahead.

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 ...

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 ...

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 ...

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 ...

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 ...