For the 2025 tax year, the 'One Big Beautiful Bill' made several changes to deductions and tax laws. Some of these will ...

Millions of savers could effectively boost their pensions if they submit a Self-Assessment tax return before the January 31 ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

SELF-employed workers are bracing for a brutal January tax bill that is due within days – with some facing a shock demand worth 150 per cent of what they owe. Anyone who works for themselves must file ...

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

Chicago’s tourism bureau and downtown hotel owners are backing an unusual play to boost demand: taxing themselves. A resolution to begin creating a Tourism Improvement District, funded by a 1.5 ...

Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...

Chrysa Ostenso expects to pull money from her 401(k) to pay for the $1,500-a-month health insurance she'll get next year when the Affordable Care Act enhanced tax credits end. She and her husband ...

The self-employed look set to be left worse off after the Budget if chancellor Rachel Reeves goes ahead with plans to increase income tax and reduce employees’ National Insurance by the same amount – ...

You set up a cash balance for a sole proprietor for 2023. The plan formula was a pay credit of 100 percent of compensation, with an interest crediting rate of 4 percent. The sole participant was age ...

Being self-employed offers incredible freedoms and opportunities, but it also comes with unique financial responsibilities. One of the most important rules for financial success is paying Uncle Sam ...

The Tax Court, consistent with past cases, applied a functional analysis of a limited partnership’s individual partners’ roles and responsibilities to find they could not apply Sec. 1402(a)(13)’s ...