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The Latest Breaking News from Tax Return

Standard Deduction 2026: How Much You Can Claim and Whether You Should Itemize

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

Kiplinger

Fuck You If You Work From Home Apparently Bc Your Tax Return Could Get A Lot Smaller Next Year

People who work from home could lose hundreds of bucks from their next tax returns if the Australian Tax Office adopts new proposed changes.

Pedestrian.tv

Common ITR form for all taxpayers on anvil, I-T dept invites stakeholder comments

MUMBAI: The finance ministry on Tuesday proposed to come out with a user-friendly common income tax return form for all taxpayers, under which income from virtual digital assets will have to be disclosed under a separate head.

The Times of India

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Robodebt faces a reckoning as royal commission begins

Deanna Amato never imagined she would take on the federal government in court. But then, in 2018, she opened her tax return and received a shock: her entire refund had been seized.

ABC News

Prime Minister Rishi Sunak urged to fulfil campaign promise and publish his tax return

When asked by the BBC if he would reveal how much tax he paid if he became PM, Rishi Sunak replied: 'Yes.' He is now being urged to fulfil his pledge to publish his tax return

Daily Mirror

Thousands of Irish workers to receive letters from Revenue saying they owe tax - everything you need to know

Revenue has already issued around 275,000 letters, with a further 100,000 expected to be sent in the coming weeks

Irish Mirror

Countdown for Lanarkshire customers to complete self assessment tax returns is on

HMRC highlight there is only around 100 days to submit returns for the 2021 to 2022 tax year

Daily Record

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The 2022 tax return deadline is looming: When do I need to lodge my expenses? How much will I get back?

The deadline to lodge your tax return for the last financial year is approaching fast. Here's what you need to do to avoid copping fines.

ABC News

Accountants report spike in hackers lodging false tax returns, superannuation claims

With almost half the adult population of Australia affected by the Optus security breach, questions are swirling about how stolen identity data can be misused.

ABC News

Nine big changes to your finances coming in October

From tax to energy prices and cost of living payments, here's everything you need to know about the month ahead

Wales Online

FAFSA season starts: What you need to know for financial aid

The Free Application for Federal Student Aid period opens Oct. 1 for the 2023-2024 school year

The Independent UK

10 major money changes in October including energy bill discount and benefits

All households need to be aware of these financial changes coming into force in October, including the new £2,500 energy price freeze

Chronicle Live

11 important money dates in October that will change your finances

Bills are going up, mortgages may go up, new inflation rates will be announced and Government payments are being made

Wales Online

Ten key money changes coming in October including new £2,500 energy price freeze

We round up ten financial changes you need to be aware of in October, as the cost of living crisis continues to squeeze household budgets and pile pressure on Brits

Daily Mirror

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Daily Record

HMRC identifies four groups of people who may have to file Self Assessment tax return for first time

The deadline to register for Self Assessment for the 2021/22 tax year is next week.

Tribune News Service

Congress prods IRS to fix tax-return backlog, improve customer service

WASHINGTON — U.S. lawmakers are pressing the IRS to explain how it plans to relieve a backlog of tax returns that have delayed refunds and to detail what measures it’s taking to improve customer service.

The Independent UK

Expanded IRS free-file system one step closer in Dems' bill

The flagship climate change and health care bill passed by Democrats and soon to be signed by President Joe Biden will bring U.S. taxpayers one step closer to a government-operated electronic free-file tax return system

Tribune News Service

Appeals court sides with House in fight over Trump tax returns

WASHINGTON — The House Ways and Means Committee can use a federal law to gain access to the tax returns of former President Donald Trump, a federal appeals court in Washington ruled Tuesday.

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Roll Call

Appeals court sides with House in fight over Trump tax returns - Roll Call

Appeals court allows the House Ways and Means Committee to get Trump’s personal tax records from the Treasury Department.

The Hindu

5.83 crore Income Tax returns filed till July 31, record 72.42 lakh on last day

While initially income tax return (ITR) filing was slow, the pace picked up as the deadline neared

The New Daily

Taxable income: Does having more than one job mean I pay more tax?

The Australian Tax Office (ATO) doesn’t care how many different sources of income you have, it just need to know how much your total taxable income is.

The Independent UK

Tory leadership contest: Which candidates have pledged to publish tax returns?

Pledges come amid scrutiny on candidates’ financial affairs

The Guardian - UK

My wife died but she is being fined by HMRC for overdue tax return

It’s hard enough losing my wife without the Revenue chasing me for £300

The Independent UK

Zahawi dismisses ‘smears’ about tax affairs as ‘inaccurate’ and ‘unfair’

The Tory leadership candidate pledges to publish his tax return annually if he is made prime minister.

The Independent UK

Nadhim Zahawi vows to publish tax returns if he becomes PM amid HMRC probe

Chancellor claims to be victim of ‘smear’ campaign as Tory leadership hopefuls make transparency pledge

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