In the United States, the tax system operates on a 'pay-as-you-go' basis, requiring millions of self-employed individuals, such as independent contractors, freelancers, sole proprietors, and business ...

As tax season kicks off in late January, the Internal Revenue Service (IRS) anticipates that approximately 140 million taxpayers will file their returns in 2025. Among these are U.S. citizens living ...

The federal government may be shut down, but your tax obligations remain. While April 15 was the official deadline for filing a 2024 tax return and paying the bulk of one’s estimated bill, Americans ...

Independent contractors and small-business owners face unique financial challenges, particularly when it comes to managing taxes and planning for the future. The freedom of self-employment brings with ...

Most large states have dedicated departments or programs in place designed to find out-of-state companies that have done business in their state but have not paid the required taxes. While that has ...

With the filing season just begun already labeled “1986 on steroids,” practitioners face tremendous opportunities — and obligations — to bring their clients up to speed on a host of developments ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

The Spanish government has approved a regulatory change removing the obligation for unemployed people to submit an income tax ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Investing in ...