IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...

The catch-up contribution limit for employees 50 and over who participate in SIMPLE plans remains $3,500 for 2025. The limit on annual contributions to an IRA remains $7,000. The IRA catch up ...

In Money today: the best mortgage rates and where they're expected to go this year following the base rate cut; Netflix has ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

In response to the recent wildfires ravaging southern California, the IRS has announced tax relief. This measure, primarily benefiting Los Angeles County residents, pushes back various tax ...

On Saturday, President Donald Trump made good on his promise to impose steep tariffs on America’s three largest trading ...

As President Trump continues to make sweeping changes to federal agencies, sections of the IRS’s Internal Revenue Manual ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending is too ...

The late filing penalty may be higher if the CRA issued a demand to file the return and assessed a late filing penalty on a return for tax year 2021, 2022 or 2023. If you have a balance owing for 2024 ...

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...

To verify your identify, you will need: your social insurance number full name and date of birth your complete address details from your notice of assessment or reassessment, proof of income, or other ...