Taxes
Latest News
This is what you will have to pay in taxes with the end of the De ‘Minimis’ exemption for imports of less than $800...
The De Minimis exception on import goods comes to an end
Good news from the IRS – It needs to fill critical vacancies after losing more than 25,000 employees for the upcoming 2026 tax season
IRS works to rehire staff and fill critical vacancies ahead of the 2026 tax season.
Experts criticize Social Security’s claim that agents answer the toll-free line in an average of 8 minutes: “It does not reflect the reality of...
Why Social Security’s ‘8-Minute’ Phone Claim Doesn’t Match What Callers Really Experience
IRS Form W-2 in 2025: what is it, instructions, and how to fill it out a Wage and Tax Statement
Also known as a Wage and Tax Statement, W-2 is a document employers use to report employee's wages and taxable income throughout the tax year
Lowe’s confirms plan to buy a well-known California-based chain – It has 370 stores and is a move similar to that made by The...
Here is all the Lowe’s retail news to follow up on.
Good news for millions of Americans – The IRS is giving electric car buyers a little more time to get the $7,500 EV tax...
IRS Gives EV Buyers Extra Time: Lock in Your $7,500 Tax Credit Even if Delivery Is After September 30
It’s official – You will receive a Social Security payment of $1,450 on August 29 if you meet the SSI requirements to collect it
Why SSI recipients will see two deposits in August—and why it’s not a bonus check
Legislators’ warning about the blockage of student loan forgiveness under the SAVE, PAYE, and ICR plans: “It’s alarming”
Lawmakers sound the alarm as student loan forgiveness under SAVE, PAYE, and ICR remains blocked, leaving borrowers at risk despite legal paths through IBR.
Ford to recall more than 355,000 trucks due to instrument panel issue – These are the models and years of manufacture affected by the...
Ford recalls over 355,000 trucks for an instrument panel failure
It’s official: the IRS publishes the draft W-2 form for 2026 with a “No tax on tips” clause – Millions of Americans will be...
Experts say full coverage could prevent surprise bills — but many drivers still choose minimum insurance to save money.
IRS Form 1040 in 2025: what is it, instructions, how to fill it out and where to apply
Form 1040 remains the cornerstone of the personal income tax system. Making sure you file correctly is vital.
Bad news for thousands of New York retirees – This is why most will not receive the $400 tax check starting October 15
New York retirees will receive a $400 inflation rebate by October 15th
Good news for millions of Americans – The IRS’s EV tax credit of up to $7,500 is ending soon, but there is some leeway...
What car buyers need to know before the $7,500 electric vehicle tax credit runs out
Be careful, pensioners – Most seniors miss this key opportunity to maximize their Social Security benefits
“Congress set the date in the 1890s to honour U.S. workers—and to avoid ties to May Day’s socialist roots.”
Why is Labor Day celebrated on a different date in the United States than in the rest of the world?
“Why America Marks Labor Day in September While the World Celebrates on May 1”
Good news for millions of Americans – Trump’s OBBBA tax cut will be $3,752, and in one county in the country, it will rise...
Trump’s “Big and Beautiful Bill” will give the average American a $3,752 tax cut in 2026 — but wealthy counties like Teton, Wyoming, could see breaks topping $37,000.
How to create an IRS account and the advantages of doing so – Follow the step-by-step guide to do it
Creating an IRS account is easy and super beneficial
What is the best tax software for filing my taxes? TurboTax, H&R Block, TaxSlayer…
Choosing the Best Tax Software can be confusing but this article will help you with a detailed breakdown
Two smart ways to get your tax refund faster – What you need to know about the 2026 tax season
How to file taxes efficiently and get your refund faster this year.
Do I need to file a tax return? The income requirements that mean you need to file with the IRS
It's the filing season and you must file based on certain thresholds such as status, age and type of income.
Goodbye to IRS tax brackets in 2025 – These are the Americans who have to pay 32% in taxes on incomes up to $383,900
IRS announces key tax changes for 2024 and 2025: What taxpayers need to know.
Goodbye to the $1,390 check – The IRS clarifies whether there will be a new fiscal stimulus amid rumors of a new payment in...
An unverified rumor is circulating that a new stimulus check has been approved
Apple increases the cost of the monthly subscription to Apple TV+ – These are the new prices that will take effect on these dates
Apple TV+ monthly price jumps to $12.99 starting Aug. 21, while the annual plan stays at $99.99
Audit alert – These five things mean the IRS are more likely to scrutinise your return
This article details the five things that could trigger the IRS to audit your return
Good news for millions of Americans with IRS taxes – This is the DCFSA that Trump has increased to $7,500 and that you can...
Parents can soon set aside up to $7,500 tax-free for childcare costs, starting with their 2026 tax returns.