The Latest Breaking News from Tax Return

2025 Year-End Tax Planning Can Protect You From a Big Tax Bill

With a short time left before 2025 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.

Kiplinger · Nov 4, 2023

IRS plans limited rollout of free e-file tax return system with invitations to select taxpayers

The agency estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season.

Chicago Sun-Times · Oct 17, 2023

Medicare Premiums 2024: IRMAA for Parts B and D

The income related monthly adjustment amount (IRMAA) for 2024 Medicare Part B & Part D Premiums.

Kiplinger · Oct 13, 2023

Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system

The Independent UK · Aug 25, 2023

OPINION - Everything I need for work I learned on the job — my degree was a waste of cash

In my last job, £258 of every paycheque was syphoned off to the Student Loans Company. Now that I’ve gone freelance, I sometimes have palpitations about the chunk of money I’ll have to hand over to cover the debt come tax return time.

Evening Standard · Aug 24, 2023

Worried you'll lodge a late tax return? At least 80,000 Australians can't afford tax advice

If you’re struggling to complete your tax return, you’re not alone. There are cases of Australians being years, even decades behind in their tax returns. And the poorer you are, the more likely you’ll need but can’t afford some professional help.

The Conversation · Aug 22, 2023

Are You Mistakenly Dead to the IRS?

A new report says the IRS placed 'deceased locks' on accounts of more than 90,000 taxpayers who weren’t dead.

Kiplinger · Aug 13, 2023

The yearly grind

The inherent anxiety and tension remain despite the well-meaning reforms and technological advancements initiated by the Income Tax department.

The Hindu · Aug 12, 2023

Montana Property Tax Rebates and Other Relief for Homeowners

Here’s everything you need to know about Montana property tax rebates and long-term tax relief.

Kiplinger · Aug 2, 2023

myTax is fast and free – so why do 2 in 3 Australians still pay to lodge a tax return?

Ten years ago, the Australian Taxation Office (ATO) created the “myTax” portal, an easy way to lodge your tax return online.

The Conversation · Jul 27, 2023