Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.
Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...
The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible ...
Under the One, Big, Beautiful Bill, workers may be eligible for new deductions for tax years 2025 through 2028 if they ...
Millions of Americans may pay less tax in 2025 as the IRS explains how workers can claim new deductions on tips and overtime ...
Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is ...
Americans can claim up to $2,200 per child in 2026 using one simple Form 1040. Additional Child Tax Credit offers up to ...
I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have ...
The Tribunal noted that Form 26AS discrepancies were caused by contracts and TDS continuing in the proprietor’s PAN after business conversion. Since reconciliation was not properly examined, the issue ...
If you haven’t filed your Income Tax Return yet, December 31 is your final chance to claim your income tax refund. Missing ...
The Gujarat High Court quashed proceedings reopening the assessment of a man whose income had allegedly escaped assessment, ...