In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the meaning of modified adjusted gross income, or MAGI ...

When filing your taxes, you don't want to make any mistakes, or you can trigger an audit from the IRS. These are the most ...

Think about filing your return electronically to take advantage of the step-by-step process online programs take you through.

The survey is clearly unscientific: there’s no limit to how many times users can take it, and the IRS makes zero effort to ...

Massachusetts has a flat tax rate of 5%. An additional 4% tax is levied on income over $1 million, making the highest tax rate in the state 9%.

Intuit boasts a robust subscription model, strong financials, and deep moats via its QuickBooks and TurboTax ecosystem. See ...

The underpayment penalty is a 7% charge imposed on taxpayers who didn’t pay all of their estimated income taxes or paid estimated taxes late.

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Things you can do before the end of the year to lower your taxes include loading up your RRSP, RESP and RDSPs, selling off ...

Of late, MIUI users have been complaining about “Other” files taking up a huge amount of space on their Xiaomi and Redmi devices. Some users report that it has devoured almost 30GB of storage space, ...

Taxpayers can file a belated return under Section 139(4) of the Income Tax Act. A penalty of Rs 1,000 or Rs 5,000 (depending on total income) will be levied under Section 234F. Additionally, interest ...

The Energy Efficient Home Improvement Credit and the Residential Clean Energy Credit sunset in December, but there's still ...