Introduced in April 2022, this provision in the Income Tax Act allows taxpayers to report income by paying additional tax on it if they missed filing it before.

HMRC has issued a statement to anyone affected by the Barclays Bank outage, which locked customers out of their accounts.

The IRS began processing tax returns Monday. For filers who submit their returns electronically using direct deposit, refunds are generally issued in less than 21 days. There is a caution from the tax ...

It’s now the norm for Americans to file their taxes online — the IRS reports that more than 90 percent of individual tax returns were e-filed in 2023, the most recent data available. Even most profess ...

The IRS announced the official start date for tax filing season is Monday, Jan. 27, 2025, for those who like to get an early ...

With the second installment of Los Angeles County property tax bills due Saturday, county Assessor Jeff Prang’s office Friday issued a special bulletin to explain the connection between filing a ...

The outage is occurring on what is pay day for many people in the UK, and the deadline for self-assessment tax returns. Barclays has not explained the cause of the IT problems, or how many people are ...

So, no matter how early you file, remember that the federal tax return deadline (Tax Day) is April 15th, 2025. The federal ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

The federal government will assess a monthly penalty of 5% on the amount of taxes owed, not to exceed 25% of the sum, the IRS ...

The IRS expects more than 140 million returns for Tax Year 2024, with changes for third-party payment platforms and important ...