At its current rate of borrowing, the country’s debt as a share of the economy will reach 118% in 2035, the Congressional ...

Treasurer Jim Chalmers has handed down the federal budget, with the SMSF sector keeping a close eye on the government’s Div 296 position.

While the revenue windfall is expected to continue, its mostly being spent on new measures resulting a return to deficit of ...

Combined losses from proposed cuts to Medicaid and SNAP would reach $1.1 trillion over a decade, including a $95 billion loss ...

Year-round, fraudsters may use a handful of common tactics to try to steal your identity, money or other sensitive ...

Federal Treasurer Jim Chalmers has unveiled his financial blueprint as the nation inches closer to a closely fought election ...

In an unprecedented move, the House voted to concur with a Senate tax cut plan, which seeks to eliminate the income tax, cut the grocery tax to 5% from 7%, raise the gas tax by nine cents over three ...

Now that the House and Senate have adopted separate budget resolutions with reconciliation instructions, lawmakers are discussing what to include in a forthcoming reconciliation package ( ...

Deciding how to choose your tax status seems like it should be easy. But it's often not. The Internal Revenue Service says filing with the wrong tax status is one of the most common errors that ...

Ramp explains that some of the most successful business owners know that tax planning is a year-round process, not a one-time ...

The 2025 tax season began in January and will end on April 15, with taxpayers submitting their return corresponding to fiscal year 2024. When filing their return and Form 1040, taxpayers can ...

Susan Tompor USA TODAY NETWORK Nearly 70,000 people in Florida have left more than $61 million worth of unclaimed tax refunds on the table ... in 2025 and supposed to be filing Form 1040 Federal ...