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Isa vs savings account: which one is right for you?
The Telegraph via Yahoo Finance· 6 days agoThe rates on a cash Isa tend to be slightly lower than savings accounts, although you get the tax-free status. Both types have best buys at around 5pc....
Tax Disclosure Pacts Pose State-by-State Challenges for Business
Bloomberg Law· 4 days agoA voluntary disclosure agreement, or VDA, is a useful tool for remediating prior years’ tax exposure resulting from some form of noncompliance. Under a typical VDA, any non-filing ...
Opinion: NC's income tax cap is ineffective, but the General Assembly can fix that
Asheville Citizen-Times via Yahoo Finance· 5 days agoA tax cap that allows a 55% rate increase is not sufficiently safeguarding taxpayers, but that’s now the case in North Carolina. State lawmakers, who recently ...
Budget surplus narrows in April as spending rises - BusinessWorld Online
BusinessWorld· 1 day ago“The expansion was driven by higher releases of the National Tax Allotment (NTA) and subsidies to...
Energy Tax Credits – Final Regulations on Transferability and Guidance on Domestic Content
The National Law Review· 2 days agoThe Treasury Department and IRS recently issued final regulations on the transfer of certain credits...
Intuit Stock Slumps After Warning TurboTax Could Lose 1 Million Free Users
Investopedia· 10 hours agoIntuit said that it expects those who pay nothing to use TurboTax will...TurboTax units falling 1%...
Tax Court Denies Roughly $40 Million IRS Innocent Spouse Relief Claim
Forbes· 5 days agoWhen spouses file a joint return, they become jointly and severally liable for the taxes owed for that tax year. Joint and several liability can be harsh ...
If you still haven't filed your taxes, here's how to do it and what will happen
The Columbus Dispatch via Yahoo Finance· 7 days agoIf you determine that you need to file a return, start pulling together the documents you’ll need to complete it: W-2: If you...end of January. It says how much money you ...
Could vetoed KS film tax credits yield economic growth? Lawmakers, experts disagree
The Kansas City Star· 7 hours agoLast week, Gov. Laura Kelly vetoed a policy that would have made $10 million in capped income tax credits available for Kansas filmmakers.
Will the IRS’s Free Direct File Option Be Back Again in 2025?
The State· 1 day agoDuring the 2024 tax filing season, the IRS says more than 140,000 Americans filed for free using the tool. During the 2024 tax filing season, the IRS says ...