A new tax deduction for many adults 65 and older has plenty of rules and requires new paperwork. What you need to know when ...
The IRS raised the senior tax deduction for 2025. Here’s who qualifies, how much you can claim, and what retirees should know before filing.
Personal income tax declaration in Nigeria is mandatory for income earners. Here’s who must file tax returns, the March 31 deadline, and how the process works.
About 20% of eligible taxpayers do not claim the Earned Income Tax Credit, according to the IRS. 1 During the last filing ...
The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...
The Tax Court determined that W-2 wages that are not deductible under Sec. 280E in calculating taxable income are not included when calculating the Sec. 199A qualified business income (QBI) deduction.
CBIC has allowed Eligible Manufacturer Importers to avail deferred payment of customs duty from 1 April 2026. The circular outlines strict eligibility criteria and compliance safeguards to ensure ...
Recently, the Lagos State Internal Revenue Service (LIRS) directed all individual taxpayers in the state to file their annual tax returns for 2025, no later than March 31, 2026. According to the ...
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