The transfer tax in Spain has two main aspects: by “mortis causa” and acquisition “inter vivos”. Changes in the inheritance tax this year, with the communities reducing it or not applying it. Changes to inheritance tax this year, with communities reducing it or not...
Tax Season Just Got More Confusing. The IRS was starting to modernize—then the Trump administration intervened, by Lora Kelley (The Atlantic) Americans love to hate the IRS, that historically unpopular revenue-collection agency with its slow processes and fax machines...
For the 2022 tax year, the IRS received 3.8 million tax returns and a total $20.9 billion in income, Medicare and Social Security taxes from taxpayers with individual taxpayer identification numbers. Picture this reality at one department at the Internal Revenue...
Tax season can be complicated, and the Internal Revenue Service (IRS) has plenty of rules, restrictions and deadlines in place that can make things even trickier. Among these, the three-year rule stands out as particularly important, yet many taxpayers are unclear...
Dates of the Spanish Tax Season One of the most important changes this year is the advance of the dates for filing the income tax return. The 2024-2025 income tax campaign will begin on April 2, and citizens will have until June 30 to process their returns, as usual...
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