Starting April 1, 2026, the Income Tax Department will have expanded authority to scrutinize taxpayers' digital presence, ...

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

Minnesota has a progressive tax system, and has enacted recent policy changes that benefit low- to moderate-income households. Under a progressive tax policy, low-income families are taxed at a ...

UBTI is income earned by a tax-exempt entity from activities unrelated to its exempt purpose. Unrelated Business Taxable Income (UBTI) is the income earned by a tax-exempt entity from activities ...

There are various reasons why some taxpayers don’t file returns, according to Syracuse University law professor Robert Nassau, director of the school’s low-income tax clinic. In some cases ...