Chancellor Rachel Reeves has given an update on her thinking on income tax thresholds - which have been frozen since 2021 costing millions extra. The thresholds. The personal tax allowance has ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

ABSTRACT: The adoption of digital tax systems is increasingly becoming a global trend, aimed at improving tax compliance, efficiency, and revenue collection. However, in Zambia, the transition to ...

Corrections & Clarifications: This story was updated to correct the deadline to file past due returns for 2021, which is April 18. With the clock ticking on tax season, the IRS is reminding Americans ...

Taxpayers who receive an ERC after (or near) the expiration of the statute of limitations for the year to which the ERC relates should consult with their tax professional about whether to include the ...

What bill would you pay with an extra $750 or $850? Sure, we're not talking about cashing a billion-dollar winning lottery ticket. But the IRS says more than 1.1 million people nationwide are owed ...

The IRS announced over 1 million taxpayers have unclaimed tax refunds for 2021, totaling over $1 billion. The median refund amount is $781, and the deadline to claim it is April 15 of the current year ...

The Internal Revenue Service estimates that over 1 million people across the country may have unclaimed tax refunds from tax year 2021, according to a news release Tuesday. According to the IRS, those ...

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank ...

The nonprofit hospital sector’s tax exemptions provide billions in estimated benefits, but about half of those exemptions are enjoyed by just a couple hundred hospitals, according to a newly published ...

Trump's running mate has faced criticism over other similar previous comments. As former President Donald Trump's new running mate, JD Vance, faces renewed scrutiny over his previous comments ...

State policymakers nationwide have embarked on a tax-cutting spree over the past three years, using the cover of temporary budget surpluses stemming from robust federal aid in response to COVID-19 and ...