Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or ...

For 9 out of 10 Romanian employees the most important factor of appreciation is financial rewards, and the most desired forms ...

If you're a high-income earner, you may be subject to the Additional Medicare Tax, a 0.9% tax on earnings that exceed ...

Scotland’s Deputy First Minister has announced a £300,000 funding boost for the Edinburgh Festival Fringe. Kate Forbes said the cash will help “grow the significant benefits” the festival ...

But again, the wealthy wouldn’t be the only ones to benefit. (For clarity, people would experience an extension not as a tax cut but as the absence of a tax increase if the provisions were ...

JavaScript is required for CAPTCHA verification to submit this form. Need help signing up ... but they still give rise to a fringe benefit." The ATO reminded tax professionals that the type of vehicle ...

Labor’s signature measure to boost electric vehicle uptake has blown out tenfold, with taxpayers spending $560 million per year to exempt one in three EV drivers from paying fringe benefits tax.

After years of paying into the Social Security system, many seniors are surprised to learn that the benefits they receive after retirement may be subject to federal income tax. This is generally ...

As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.” In a letter to ...

The sickness benefits bill will swallow a quarter of income tax intake by this decade's end, a report has warned. The cost of disability and incapacity handouts has risen by 40 per cent in real ...

Unfortunately, such arrangements also give rise to a car benefit under the fringe benefits tax (FBT) rules. Fringe benefits that fall under the FBT regime can be provided directly by the employer, by ...

Money expert Martin Lewis has shared crucial advice to couples on how they can save hundreds of thousands of pounds through a simple tax loophole for those married or in civil partnerships.