The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to help taxpayers reconcile discrepancies ...

There are seven tax rates for the 2025 tax season: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Filing status and amount of taxable income determine a taxpayer's marginal tax rate, or the rate at which ...

This initiative focuses on individuals with taxable income or high-value transactions recorded in their AIS but who have not ...

Washington Gov. Jay Inslee addresses the crowd at the Nordic Innovation Summit on May 13, 2024. (GeekWire Photo / Todd Bishop ...

The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.

The small business mandate comes from the Corporate Transparency Act, which passed in 2021 to combat money laundering and ...

Use of refund-related products was much higher, she added, in the 2021 tax year as taxpayers were even more eager to file ...

The Income Tax Return (ITR) is a required process for taxpayers to report their earnings and tax payments to the IRS (Indian Revenue Service), and it must be submitted by the specified deadline Filing ...

New tax breaks and changes could boost paychecks and lower tax bills for many. Other tax credits could disappear.

Trailer and boat owners, along with other personal property owners in Kansas, are no longer obligated to file an annual form ...

For single taxpayers and married individuals filing separately, the standard deduction rose to $14,600, up $750 from tax year 2023, the IRS reported. For married couples filing jointly for tax ...