VENTURE CAPITAL POST

Tax refund delays are frustrating many Americans. Factors include identity theft and IRS backlogs. Use IRS tools like "Where's My Refund" for updates.

Tax season pressure affects Gen Z, with 1 in 4 needing therapy. Young filers struggle with documentation, turning to social media for guidance despite IRS warnings.

The International Maritime Organization (IMO) recently concluded talks in London to introduce the world's first global emissions tax. The tax, backed by 34 nations, aims to steer the shipping industry toward eco-friendly practices.

The IRS is intensifying efforts to combat tax evasion among high-income earners, focusing on those reporting over $1 million in annual income and $250,000 or more in tax debt. Here's how to know if you're one of them.

President Joe Biden's 2025 budget proposal could reportedly reduce the wealth your heirs will get.

Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.

UK Finance Minister Jeremy Hunt plans to eliminate the "non-dom" status in the UK, aiming for a fairer, more competitive global tax system.

Singapore is simplifying tax filings for over 100,000 commission agents in 2024 with pre-filled income information.

To improve tax compliance and ensure fairness, the Internal Revenue Service (IRS) is going after 125,000 people who earned over $400,000 annually but did not file tax returns between 2017 and 2021.

IRS introduces Direct File, a free tax filing program for Tax Season 2024, available in 12 states. Simplifies the process and supports basic deductions and credits.

Poll claims that California's high crime and tax rates are forcing most businesses to shut or move to other states.

The House of Representatives has approved a $78 billion bipartisan package that will boost the child tax credit and enhance business tax breaks.

The Internal Revenue Service (IRS) has launched a "voluntary disclosure program" for businesses that improperly claimed a pandemic-era tax credit and want to return the money.

Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS).

The Royal Bank of Canada has released an official statement, explaining that the bank is not guilty for any illegal activities including tax evasion in connection to shell company set up as mentioned in leaked papers from Panama’s Mossack Fonseca. The bank claimed to have high standards to ensure clients would not use its services to evade tax.