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The Latest Breaking News from Tax Return

Preparing your tax return? Here are the COVID-19 tax deductions you may not have heard about

The clock is ticking towards the end of the financial year, which means it's time to start preparing your tax return. Here are some COVID-era deductions.

The New Daily · Jun 27, 2022

Trying to recoup the higher cost of living via your 2022 tax return? 'Not on', ATO warns taxpayers

Australians not declaring crypto investments and over-claiming work-related expenses to help with the rising cost of living could come under ATO fire.

ABC News · Jun 26, 2022

Does paying for tax advice save money? Only if you’re wealthy

If you use a tax adviser to complete your income tax return you’re not alone. Australians use tax advisers more than any other nation apart from Italy.

The Conversation · Jun 10, 2022

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These EOFY Sales End At Midnight, So It’s Time To Smash That Buy Now Button

We weeded through all the sales so you don't have to.

Pedestrian.tv · Jun 7, 2022

Lanarkshire customers among thousands who filed tax returns on first available date

HMRC encouraging other people to change their filing habits and follow suit

Daily Record · May 14, 2022

HMRC confirms filing tax returns early this year could mean refunds are paid sooner

More than 66,000 people filed their 2021/22 return on April 6.

Daily Record · May 13, 2022

Nearly 66,500 ‘early birds’ file returns on first day of new tax year

People are increasingly getting their tax returns in early, HM Revenue and Customs said.

The Independent UK · May 12, 2022

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Trading Crypto? Here's What You Need To Know For Tax Time

By Abigail Perry Crypto is still a relatively new investment opportunity, and there are still many unanswered questions about how it fits into our tax laws. Well, the bad news for crypto investors: it is taxable. Despite being a digital asset, the IRS considers cryptocurrency holdings 'property'. This means they…

Benzinga · May 9, 2022

What is ‘ghost dom’ status?

This controversial subset of the non-dom tax loophole allows people to avoid submitting a tax return to HMRC altogether

The Independent UK · May 9, 2022

What to do if there's a mistake on your business taxes

For small-business owners, preparing an income tax return is far from simple, which can increase the chances of making a mistake

The Independent UK · Apr 28, 2022

What Happens if You Missed the Tax Deadline?

If you owe the IRS money, filing your tax return late (or never) can cost you penalties and interest.

Kiplinger · Apr 19, 2022

What Time Is the 2026 Tax Deadline?

If you like to wait until the last possible minute to file your tax return, you should at least know how much time you have.

Kiplinger · Apr 18, 2022

The HSA Contributions Deadline Is Almost Here

The HSA contributions deadline for 2023 is fast approaching, but you still have time to contribute and potentially reduce your tax liability.

Kiplinger · Apr 14, 2022

Home Office Tax Deduction: Work From Home Write-Offs in 2026

Can you claim the home office deduction on your taxes this year?

Kiplinger · Jan 29, 2022

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Kiplinger · Aug 31, 2021

13 Things Every Worker Needs to Know About the 2026 W-4 Form

Knowing how this IRS form works can help with new jobs, tax refunds, and avoiding estimated tax payments in 2026.

Kiplinger · Jul 1, 2021

Most-Overlooked Tax Breaks for Retirees and People Over 65

If you're over 65, don't miss out on these overlooked tax breaks for retirees.

Kiplinger · Jun 25, 2021

Taxes on Gambling Winnings and Losses: 9 Tips to Remember

Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling tax.

Kiplinger · May 18, 2021

How Long Should You Keep Tax Records?

The IRS hasn't gone away — so don’t destroy tax documents until the time limit for an audit runs out, or maybe even longer.

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Kiplinger · May 11, 2021

Should You File a Tax Extension? 5 Pros and Cons to Weigh Before April 15

It’s easy to extend your 2026 tax filing deadline to October, but don't ignore the April payment requirement.

Kiplinger · Jan 14, 2021

11 Overlooked Tax Deductions and Credits

Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.

Kiplinger · Jul 14, 2020

Tax Extension: How to Get More Time to File Your Tax Return This Year

If you can't finish your federal tax return by Tax Day, you can get more time by filing a tax extension.

Kiplinger · Jun 12, 2020

14 Education Tax Credits and Deductions to Know

From the $20,000 529 plan expansion to the return of the student loan "tax bomb," here's how you'll pay for school in 2026 and where to save.

Kiplinger · Sep 4, 2019

Deduct Expenses for Long-Term Care on Your Tax Return

The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.

Kiplinger · Aug 15, 2019

12 Tips on How and When to File an Amended Tax Return

What to do if you discover a mistake on a previously filed tax return (and other reasons for filing an amended tax return).

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