Most filers plan to put IRS refunds toward monthly bills or outstanding debt versus making big tech or retail purchases.

Tax debt may sound straightforward, but it's really a complex situation that impacts millions of people each year.

Understanding what not to do is crucial to avoid an audit. Below, I’ll share several actions LLC business owners make that ...

Crucially, those already on a 10% withholding plan will not be affected by the new 100% withholding rate. However tax refund ...

There is no denying the fact that Bangladesh’s economy has grown at a steady and relatively fast pace since the early 1990s.

Withholding tax is deducted from employee wages to prepay state and federal taxes. Different types apply, including for income, Social Security, and Medicare. To calculate, adjust for allowances ...

Instead, under current law, the IRS generally has three long years to audit their tax returns. Originally instituted in 1934, this long period is a relic of a bygone era, when there were no ...

Tax season has a way of creeping up before you know it, leaving many scrambling for deductions and ways to trim their tax ...

The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners ...

JulPo / Getty Images Backup withholding is money set aside for tax purposes for withdrawn investment income. Backup withholding is a tax that is levied on investment income, at an established tax ...

The FBR data revealed that the FBR has provisionally collected Rs850 billion during February 2025 against the target of Rs983 ...