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The Latest Breaking News from Tax Return

Does Australia Tax Lottery? An Analysis of the Receivables and Tax Treatment

I have some good news for all the Australians who like to play the lottery. If you are lucky enough to win big in Australia, then you get to keep all of your winnings. There is no tax on lotteries in Australia.

inkl

It’s tax time, and that means you might be receiving new or unfamiliar IRS 1099 tax forms. Our guide explains them all.

Have you received a 1099 tax form that you don’t understand? Our guide describes the basics of the nearly two dozen different 1099 forms used to report income to the IRS.

Fortune

Can't pay your taxes? Here's what to do

While it’s tempting to avoid your tax bill, that will make your situation much worse

Salon

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read the most diverse news in one place.

Over 1 Million Britons To Pay At Least £100 Penalty To HMRC For Missing Tax Returns Deadline

HMRC also notes that there are additional penalties for paying late—5% of the tax unpaid at 30 days, 6 months, and 12 months.

International Business Times UK

11.5m taxpayers file returns on time but 1.1m face charge after missing deadline

Thousands of people submitted their tax return with just minutes left to go before the deadline, according to HM Revenue & Customs.

Evening Standard

Rachel Reeves unaware former chancellors had published tax returns

The Chancellor had initially ruled out publishing her tax returns, but has now said she is ‘very happy’ to do so.

Evening Standard

Rachel Reeves will publish tax return in U-turn hours after refusing to do so

Chancellor said after delivering speech on growth she had no plans to release her tax returns

The Independent UK

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Rachel Reeves will publish a tax return after saying she had no ‘plans to do so’

A Treasury spokesperson indicated that Ms Reeves will publish details on her finances.

Evening Standard

Rachel Reeves refuses to publish tax return

The Chancellor said she had no plans to release information on her personal finances, but Downing Street confirmed the Prime Minister would.

The Independent UK

Mistakes to avoid on your tax return as Martin Lewis issues warning over delays

The Money Saving Expert founder cautions against leaving it until the last moment - and over child benefit allowances

The Independent UK

England’s maths teacher recruitment problem is set to worsen

Everyone should leave school with a solid understanding of maths. Decent mathematics literacy is a hugely important skill in many aspects of life. We need it when budgeting for a weekly shop, asking for a pay rise and completing a tax return.

The Conversation

How to file your taxes online

The IRS begins accepting your 2024 tax returns today, and there are more e-filing options than ever before.

Fortune

Tax Season 2025 Is Here: Key IRS Changes to Know Before You File

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.

Kiplinger

3.4m people have until end of January to file tax returns

Around 8.6 million people have already filed their 2023-24 tax return, HMRC said.

The Independent UK

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The Independent UK

Do I need to declare bitcoin and other cryptocurrency profits on a self assessment tax return?

If you’ve sold NFTs, dabbled in doge or got paid in bitcoin, it all needs to be accounted for with HMRC

The Independent UK

Expert tips for filing your first self-assessment tax return – and how to do better next year

The 31 January deadline for filing a self assessment tax return is today

The Independent UK

How to reduce your tax bill as self-assessment deadline looms

The date for your diary is 31 January – by then your returns must be filed and paid

The Independent UK

What you need to file a self assessment tax return as HMRC deadline fast approaches

Returns must be submitted and paid by 31 January - or individuals can face fines from HMRC

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Top News

IRS Distributing .4 Billion In Unclaimed Stimulus Payments

IRS distributing .4 billion to taxpayers who missed COVID stimulus payments, providing up to IRS Distributing .4 Billion In Unclaimed Stimulus Payments,400 per individual. Claim your Recovery Rebate Credit to ...

The Independent UK

IRS is sending out automatic stimulus payments. Who is getting them?

The IRS it’s distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments

Kiplinger

Not Ready to File Taxes? 8 Things to Do Now to Prepare

Now is a good time to review your financial situation and prepare to file your 2025 federal income tax return.

The Guardian - UK

Expert tips on getting UK self-assessment tax returns right

With the online deadline just days away, here is how to avoid the pitfalls and make the most of what you can claim

Fortune

IRS’s free tax filing service opens today. Here’s how you can take advantage

Millions of Americans can get ahead of the stress and start working on their taxes as soon as today—for free.

Kiplinger

California Fires: How to Recover Tax Records and Other Important Documents

Having your tax records and other vital documents is important for claiming casualty loss deductions that can help with recovery.

Kiplinger

Child and Dependent Care Credit: How Much Is It?

The non-refundable tax break can help working families afford quality care for their child or qualifying dependent.

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