In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...

There are two ways to close a limited company: through voluntary closure or compulsory closure. Voluntary closure is when a ...

The I-T department is allowed up to nine months from the end of the financial year in which the return is filed to process ...

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no longer issue paper refund checks. The move, the agency said, is the first ...

Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order ...

The IRS said 93% of refunds for individuals from the 2025 tax season were made via direct deposit, while only 7% were ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Even if you received a tax extension, you still needed to file your 2021 tax return by the April 15, 2025, deadline to claim ...

Under the new rules, casino workers can deduct qualified tips dollar-for-dollar from their taxable income, subject to an ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

Small business owners can file their state and federal tax returns quickly and accurately with the best tax filing software programs.

The proposed regulations on the "no tax on tips" provision of the One Big Beautiful Bill Act outline which jobs and tips ...