Americans are probably happy to put memories of the COVID-19 pandemic behind them, but it may be worthwhile to stir up the past to see if they may qualify for an IRS refund, tax attorneys said. Once a ...

Missing the federal tax deadline could lead to mounting penalties and interest for some filers, particularly those who owe money to the IRS. While not everyone faces a financial hit, understanding how ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

The overtime deduction is an option whether a taxpayer claims the standard deduction or itemizes deductions, such a deducting mortgage interest. It's a mixed bag when it comes to what employers are ...

Applying for a six-month extension is easy, but IRS rules still require you to make a proper estimate of the taxes you owe. A “zero extension” could cost you. Every year, millions of taxpayers file ...

Form 16, synonymous with a tax deducted at source (TDS) certificate, will be replaced by Form 130 under the new Income Tax Act, 2025. The change in the form is part of an overall renumbering and ...

Taxpayers who were charged penalties or interest by the IRS during the coronavirus (COVID-19) pandemic may be eligible for a refund following a federal court ruling. Below are four things you need to ...

COLUMBIA, S.C. — If you are a partisan candidate for a statewide office in South Carolina, the State Election Commission wants to remind you that the filing period for the 2026 elections opens at noon ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

Washington — Pentagon officials have made detailed preparations for deploying U.S. ground forces into Iran, multiple sources briefed on the discussions told CBS News. Senior military commanders have ...