Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...
The IRS reports it now relies on AI to help narrow the “tax gap” — the difference between what Americans owe and what each ...
You can approach the issuer and ask the issuer to reissue it correctly. If the issuer of the Form 1099 has already sent it to ...
Forget the hacks and social media shortcuts. A former IRS insider explains the real traps that could trip up taxpayers this filing season—and how to avoid them.
The Payment on Account system can lead to overpayment by charging tax in advance based on last year’s income, it has been ...
Thousands of workers up and down the UK are thought to be on the wrong tax code, meaning they’re not getting the right amount ...
Almost six million workers could be owed a refund by HMRC after overpaying tax, new research suggests. And it’s entirely your ...
HMRC loses more than 60% of cases when taxpayers appeal an automated penalty it has imposed, new figures show.
HMRC overcharged taxpayers £3.5 billion in income tax the latest data shows, with tax coding errors largely to blame. Accountants say it is “essential” people check their tax codes to avoid being hit ...
More than 5.5mn people in the UK overpaid tax by a total of £3.5bn in 2023-24, data has revealed, with experts blaming errors in payslips and increasingly complicated rules. A freedom of information ...
Martin Lewis has issued an urgent warning urging UK workers earning over £12,570 annually to verify their tax code immediately, cautioning "it could cost you £1,000s". The Money Saving Expert founder ...
Martin Lewis has urged employees to check their tax codes now or face a potential “nightmare” later. Speaking on The Martin Lewis Podcast on Friday (16 January), he said that millions of tax codes are ...