The deadline to file your income taxes is fast approaching. Here's what you need to get them in on time and when to expect a ...

To be able to claim income tax deduction for FY 2024-25, taxpayers must invest in a tax saving scheme given in the relevant ...

According to a 2024 Bankrate survey, 36% of US adults earn extra income through a side hustle. And with the growth of ...

The Internal Revenue Service has been in a state of turmoil ever since members of the Department of Government Efficiency ...

TO BE ANSWERED ON MONDAY, MARCH 10, 2025/PHALGUNA 19, 1946 (SAKA) SIMPLIFICATION OF INCOME TAX BILL, 2025 1803. SHRI MUKESHKUMAR CHANDRAKAANT DALAL: Will the Minister of FINANCE be pleased to state: ...

Government plans to ensure that the simplifications, through the new income tax Bill do not lead to unintended ambiguities or legal challenges in interpretation; b. how the Bill impacts revenue ...

Tens of millions of Americans have already received tax refunds from the federal government, with the average return totaling ...

Recent Internal Revenue Service data reveals that tax refunds are substantially larger this year, even though fewer Americans ...

Find out how to take advantage of the extension resource and ensure that you effectively meet your tax obligations.

Other Dependents Credit (ODC) is a tax benefit that allows taxpayers to receive up to $500 for each dependent who does not ...

In future, all activities of the NBR will be through digital platform. We will digitise everything. We are formulating a master plan, he says ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...