With the 2025 filing season quickly approaching, the Internal Revenue Service encouraged taxpayers to take key steps now to prepare for filing their 2024 federal income tax returns next year.
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Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...
You won't need to attach the 1095 to your tax returns. That's because the IRS already got a copy of the form. However, it is a good idea to keep your 1095 with your tax records for reference. What do ...
WASHINGTON (AP) — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation.
All the nodes in a cryptocurrency's network have a copy of its blockchain. Cryptocurrencies usually have immutable blockchains. Once transactions are confirmed and added to the blockchain ...
The U.S. House of Representatives narrowly advanced President Trump's $4.5 trillion tax-cut plan and border agenda in a vote of 217-215. The decision came after intense negotiations by House leaders ...
The Bombay High Court on Wednesday directed the Customs department to explain through an affidavit how its September 2024 show-cause notice raising a tax demand of $1.4 billion from Skoda Auto ...
A stretch of crypto scandals, disappointing policy updates, and one big hack have helped push bitcoin into bear-market territory this week. The aggressive sell-off has pushed the price of the top ...