Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

The IRS could forgive a portion of your tax debt, but only if you meet certain requirements. Here's what they are.

Thirteen Nigerian companies recorded a significant increase in their current tax liabilities, which surged by 50.54 per cent ...

For taxation of your freelance income, maintain proper records of all receipts and work-related expenses (excluding personal ...

The MEGA Corporations Act would stop large multinational companies from dodging state taxes by recording lower profits within ...

In simpler terms, a refundable tax credit is one which the government reimburses the taxpayer if the credit exceeds the ...

A cautionary tale illustrates how forging a deal with a Big Pharma can have unexpected and far-reaching tax consequences.

Tax season is upon us once again, and while many Americans can look forward to a refund in the coming weeks, that's not the ...

Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...

One of the most significant tax incentives for real estate investors has been 100% bonus depreciation, which allows the immediate expensing of certain property components. This provision, which ...

Amended tax returns do not automatically raise red flags with the IRS, but certain factors can increase scrutiny.

In the case of EPF, employee contributions generally qualify for a deduction under Section 80C of the Income Tax Act, capped ...