US reduces reporting requirements for small businesses, freelancers, payment platforms
Recent tax law changes under President Trump's tax package reduce IRS reporting requirements for small businesses and freelancers, easing administrative burdens but potentially increasing income underreporting and widening the tax gap. Recent
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US: IRS offers tax relief to New Mexico flood and storm victims
The tax filing and payment deadline has been extended to 2 February 2026 for New Mexico taxpayers. The US Internal Revenue Service (IRS) has issued NM-2025-03 on 16 July 2025, in which it announced tax relief for individuals and businesses in
See MoreUS: IRS offers tax relief to Texas flood and storm victims
The tax filing and payment deadline has been extended to 2 February 2026 for Texas taxpayers. The US Internal Revenue Service (IRS) released TX-2025-04 on 9 July 2025, in which they announced tax relief for individuals and businesses in parts
See MoreUS: New Mexico extends tax deadlines for fire-affected taxpayers
Taxpayers affected by the fires can file returns due on 25 June or 25 July 2025, by 25 September 2025. Estimated tax payments due on 16 June 2025 are extended to 16 September 2025. The New Mexico Taxation and Revenue Department announced on 24
See MoreUS: IRS offers tax relief to Missouri flood and storm victims
The tax filing and payment deadline has been extended to 3 November 2025 for Missouri taxpayers. The US Internal Revenue Service (IRS) issued MO-2025-01 on 25 June 2025, announcing tax relief for individuals and businesses in parts of Missouri
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Taiwan: Ministry of Finance outlining tax return filing obligations for resident individuals
Taiwan’s Ministry of Finance has set a 30 June 2025 deadline for resident tax returns, with filing based on ARC-registered addresses. Taiwan's Ministry of Finance has released a statement outlining the tax return filing obligations for
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Bolivia announces extension of filing deadlines for May 2025
The last digits of one’s tax ID corresponds to a specific new deadline for submission. Bolivia’s tax authority (SIN) has extended the deadline for filing tax returns for the May 2025 fiscal period through Resolution No. 102500000026 on 3
See MoreUS: IRS offers tax relief to Mississippi flood and storm victims
The IRS announced tax relief for individuals and businesses in parts of Mississippi affected by storms, floods, and straight-line winds starting on 14 March 2025. Impacted taxpayers have until 3 November 2025 to file federal tax returns and make
See MoreUS: IRS offers tax relief to Oklahoma wildfire and storm victims
The IRS announced tax relief for individuals and businesses in parts of Oklahoma affected by wildfires and straight-line winds starting on 14 March 2025. Impacted taxpayers have until 3 November 2025 to file federal tax returns and make
See MoreUS: IRS offers tax relief to Missouri wildfire and storm victims
The IRS announced tax relief for Missouri residents and businesses affected by severe storms, tornadoes, and wildfires starting on 14 March 2025. Impacted taxpayers have until November 3, 2025, to file federal tax returns and make payments. The
See MoreUS: IRS offers tax relief to Texas storm victims
The IRS has announced tax relief for individuals and businesses in parts of Texas impacted by severe storms and flooding starting on 26 March 2025. Affected taxpayers have until 3 November 2025 to file tax returns and make payments. The US
See MoreUS: IRS offers assistance for taxpayers missing the filing deadline
The IRS announced resources for taxpayers who missed the 15 April tax filing deadline, offering guidance for handling owed taxes, interest, and penalties. The US Internal Revenue Service (IRS) released IR-2025-66 on 9 June 2025, highlighting
See MoreUS: IRS reminds taxpayers due date of second quarter estimated tax payment of 16 June
The IRS issued a reminder that the second quarter 2025 estimated tax payment is due on 16 June 2025. The US Internal Revenue Service (IRS) issued IR-2025-65 on 6 June 2025, reminding taxpayers that the second quarter 2025 estimated tax payment is
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Argentina: ARCA raises reporting threshold for financial institutions
ARCA has raised reporting thresholds for financial institutions and e-wallet providers under Decree 353. The changes were outlined in General Resolution 5699, which was published on 23 May 2025. Argentina’s federal tax authority (ARCA) has
See MoreUS: Taxpayers living, working abroad must file 2024 tax return by June
The IRS is reminding US taxpayers living abroad to file their 2024 federal income tax returns and pay any owed taxes by 16 June 2025. The US Internal Revenue Service has issued IR-2025-61 on 22 May 2025, encouraging US taxpayers living and
See MoreUS: IRS offers tax relief to Virginia storm victims
The US Internal Revenue Service (IRS) in a release VA-2025-03 on 30 April 2025 announced today tax relief for individuals and businesses in parts of Virginia affected by severe winter storms and flooding that began on 10 February 2025. These
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US: North Carolina grants extended tax relief for victims of Hurricane Helene
The US Internal Revenue Service (IRS) announced on 17 April 2025 that, due to the lingering effects of Hurricane Helene on North Carolina, the IRS would further postpone, until 25 September 2025, certain tax filing and payment deadlines for affected
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Algeria extends 2024 corporate income tax filing deadline
Algeria’s National Tax Administration (NTA) announced an extended deadline for corporate income tax (CIT) filing on 14 April 2025. The new deadline is set for 31 May 2025. However, since 31 May falls on a holiday, the revised deadline is set for 1
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