Many advisors turn to the 4% rule as a guideline. Developed by a financial advisor in the 1990s, this rule suggests that ...

Thousands of civil servants are to strike “indefinitely” from this month following an order to return to the office for three ...

The IRS announced that eight private-sector partners will participate in its Free File program during the 2025 tax season.

As the new year approaches, the IRS is gearing up to help Americans navigate the 2025 tax season with enhanced digital tools ...

As we welcome 2025, there are still 5.4m taxpayers who have yet to file their 2023/24 self assessment returns, compared to 5.7m who were yet to file at the ...

January is a good time to consider tax planning. Amid the yearly onslaught of inflation-adjusted tax figures, here are the ...

A prep school attended by Earl Spencer has blamed Labour’s VAT raid for forcing it to close days after the policy came into ...

The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you fills out the 1099. In most cases, you should receive any 1099 form by the end ...

An expert said tax filers should ensure their name matches on all their records or they could risk a delayed refund.

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...

A furnished holiday let existed for many years.  Ownership is 50/50, but for tax return purposes owner1 elected to report profits and losses.  Owner 1 ...