As city of Buffalo lawmakers prepare to comb through the budget when its due to the Common Council on April 8, Acting Mayor Chris Scanlon has a new projection of how big the budget gap will be. "We're ...

Sen. Bill Hagerty has introduced the PROTECT USA Act to protect U.S. companies from the European Union’s Corporate Sustainability Due Diligence Directive, which imposes excessive ...

As lawmakers consider limiting corporations’ state and local tax deductions, companies warn of a backdoor tax increase.

Tax debt may sound straightforward, but it's really a complex situation that impacts millions of people each year.

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses ...

This month, the Internal Revenue Service is predicting a rise in tax scams for 2025, and added four new eligible counties for ...

Don’t let important tax filing deadlines sneak up on you. While personal taxes are due on April 15, 2025, certain types of ...

Property taxes can be paid in two installments. The second half of your annual property tax was due March 1. Payments become delinquent after March 31 and late penalties are charged starting April 1.

But S Corps offer game-changing tax advantages that too many are leaving on the sidelines. Nearly 37% of solopreneurs cite business unpredictability—like fluctuating income and seasonal revenue ...

One striking example is Tether, which reported $6.2 billion in profits in 2024 but paid no U.S corporate taxes due to its offshore incorporation . Dragonfly’s “State of Airdrops Report 2025”, claimed, ...

If you file your return but don't pay the taxes owed by the due date, the IRS charges a Failure to Pay Penalty. This penalty is 0.5 percent of the unpaid taxes for each month (or part of a month ...