Taxpayers often look for ways to legally save tax after selling a residential property, especially when long-term capital ...

This beginner-friendly guide explains what income tax is, how it works, and why it matters, helping newcomers understand their obligations and manage their finances more confidently.

Foreign investors evaluating Malaysia should understand how loss carryforwards and group relief affect structuring, cash flow ...

Tables, named ranges, line breaks, modern functions, and helper columns make Excel formulas easier to read, audit, and fix.

By Sunday Onyemaechi EzeThe recently passed tax reform law slated to take effect on January 1, 2026 may have come with good intentions of raising the economic fortunes of the nation through ...

By Chukwudi AchifeHe arrives promptly and firmly when beckoned -not with sirens and guns blazing but with a scale and a bagful of powers to ensure justice, equity and fairness in tax administration.He ...

The Internal Revenue Service is lifting the standard mileage allowance for 2026 to 72.5 cents per mile, a small but ...

A little more than 7% of your paycheck goes to cover the social programs that Americans use when they become elderly or ...

Reassigned employees have been told they will no longer work in IRS IT, and must upload their resumes to be considered for other jobs at the IRS and Treasury.

When the federal government shuts down, it sends ripple effects through the entire economy — and the tax world is no exception. The biggest disruption during tax season is from the Internal Revenue ...

The IRS has faced massive personnel cuts since January 2025—and a government watchdog worries it could impact the next tax filing season. With the most recent tax season—including those ...