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The Latest Breaking News from Tax Return

2025 Year-End Tax Planning Can Protect You From a Big Tax Bill

With a short time left before 2025 comes to a close, year-end tax planning is all-important. Here are some areas to focus on.

Kiplinger

IRS plans limited rollout of free e-file tax return system with invitations to select taxpayers

The agency estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season.

Chicago Sun-Times

Medicare Premiums 2024: IRMAA for Parts B and D

Kiplinger

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Ex-IRS contractor pleads guilty in leak of tax return information of Trump, wealthy people

A former contractor for the Internal Revenue Service charged with leaking tax information to news outlets about former President Donald Trump and thousands of the country’s wealthiest people pleaded guilty Thursday in an agreement with prosecutors

The Independent UK

IRS contractor charged with leaking tax return information of wealthy people

A former contractor for the Internal Revenue Service has been charged with leaking tax information to news outlets about a government official and thousands of the country’s wealthiest people

The Independent UK

FCC judge rules that Knoxville's only Black-owned radio station can keep its license

Since 2022, WJBE has battled with the FCC over its owner, Joe Armstrong, being able to own a radio station following his conviction in 2016 for making a false statement on his tax return.

WEKU

My husband died suddenly, then HM Revenue and Customs sent him a £100 fine

I had no idea I was supposed to file a tax return for my late husband, but my attempts to explain have been greeted by a penalty notice

The Guardian - UK

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Democrats accuse tax prep firms of undermining new IRS effort on electronic free file tax returns

Congressional Democrats are accusing big tax preparation firms including Intuit and H&R Block of undermining the federal government’s upcoming electronic free file tax return system

The Independent UK

OPINION - Everything I need for work I learned on the job — my degree was a waste of cash

In my last job, £258 of every paycheque was syphoned off to the Student Loans Company. Now that I’ve gone freelance, I sometimes have palpitations about the chunk of money I’ll have to hand over to cover the debt come tax return time.

Evening Standard

Worried you'll lodge a late tax return? At least 80,000 Australians can't afford tax advice

If you’re struggling to complete your tax return, you’re not alone. There are cases of Australians being years, even decades behind in their tax returns. And the poorer you are, the more likely you’ll need but can’t afford some professional help.

The Conversation

Are You Mistakenly Dead to the IRS?

A new report says the IRS placed 'deceased locks' on accounts of more than 90,000 taxpayers who weren’t dead.

Kiplinger

The yearly grind

The inherent anxiety and tension remain despite the well-meaning reforms and technological advancements initiated by the Income Tax department.

The Hindu

Montana Property Tax Rebates and Other Relief for Homeowners

Here’s everything you need to know about Montana property tax rebates and long-term tax relief.

Kiplinger

myTax is fast and free – so why do 2 in 3 Australians still pay to lodge a tax return?

Ten years ago, the Australian Taxation Office (ATO) created the “myTax” portal, an easy way to lodge your tax return online.

The Conversation

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The Guardian - UK

Corbyn and Reeves among MPs who claimed accountants’ fees on expenses

Andrea Jenkyns and Michael Fabricant also among 12 MPs who used parliamentary expenses for help with tax returns

The Independent UK

IRS steps toward a new free-file tax return system have both supporters and critics mobilizing

Plans by the IRS to test a new electronic free-file tax return system next year have got supporters and critics of the idea mobilizing over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what…

Pedestrian.tv

Accountant To The Rich & Famous Has Shared His Advice For Beefing Up Your Lousy Tax Return

A former accountant to an Aussie media mogul has put their money where their mouth is and spilled all their tips and tricks on navigating the treacherous tax season. Allan Mason, who was the former accountant of billionaire Kerry Packer — yes, the father of James Packer, AKA Mariah Carey‘s…

Pedestrian.tv

Aussies Are Taking To TikTok To Vent About Their Straight Up Heinous Tax Returns This Year

"When you think you're getting a fat cheque but you really owe the government."

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news in one place.

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TechRadar

Tax prep companies could have been sending your private data to Google, Meta, and others

Millions of American citizens’ tax returns could have been spied on by Meta and Google tracking pixels.

Kiplinger

Whose Name Goes First on Your Income Tax Return?

A study suggests the order of names on a joint income tax return can provide insights about the people filing. But does the IRS care?

Pedestrian.tv

Your Tax Return Could Be Looking A Lot Sadder This Financial Year & Here’s Why

RIP to those flights you were planning to book.

Pedestrian.tv

AW HELL YEAH: This Sneaky Hack Could Earn You An Extra $2,000 On Yr Tax Return

30% of Aussies spend an average $1,936 on professional education each year — and you might be able to claim it on tax.

AAP

Don't expect many happy returns from the tax office

Australians may be hanging out for the new financial year as cost-of-living pressures bite, but there are reasons to expect a smaller tax return this year.

Daily Mirror

Thousands of Brits have been fined by HMRC - despite not making enough to pay tax

The fines were handed to people who earned less than the personal allowance - which is the amount you can earn before you start paying tax and currently sits at £12,500

The Guardian - UK

HMRC fined 184,000 low earners for not filing return despite no tax owing

Penalties relate to people paid less than the UK personal allowance in 2020-21 tax year, prompting calls for reform

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