West Virginia is phasing out its tax on Social Security benefits. For 2025 returns (filed in 2026), 65% of benefits will be ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

When it comes to voluntarily paying taxes on time to the IRS, crypto investors may not have a great record. At least, not according to an IRS review ...

A bill awaiting President Donald Trump's signature aims to make IRS error notices clearer and easier to understand. The IRS Math and Taxpayer Help Act would require the agency to spell out exactly ...

Efficient bookkeeping is fundamental to producing timely and accurate accounts for both tax and management purposes. Many ...

A wave of VAT fraud is causing delays for UK businesses trying to submit returns or claim refunds. Meanwhile, HMRC is lagging ...

The new tax year began on 6 April, but it’s not too late for tax codes to be updated. HMRC issues these changes to reflect ...

Learn smart ways to stretch your Social Security check as a solo retiree, from delaying benefits to cutting costs and ...

More than 13,700 savers submitted reclaim forms over the three-month period, recovering an average of £3,539 each.

No legal cap on bank transfers: The UK does not impose a legal limit on how much money you can send abroad. Banks and payment ...

Some payslips may display tax codes like 'W1', 'M1', or 'X'. These typically signify 'emergency situations' that occur during ...