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

Conclusion: Despite late filing of Form 67, assessee deserved the credit for taxes paid in Nepal since the provisions of DTAA (in this case DTAA with Nepal) had an overriding effect over other ...

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

The IRS said Monday it will begin accepting tax returns on Jan. 29. If you file your taxes electronically that ...

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

For FY 2021-22, taxpayers can submit updated ITRs up to the limitation date of March 31, 2025. To facilitate this process, the AIS portal on the Income Tax Department's e-filing website provides a ...

To receive financial aid for 2023-24, we need to understand your 2021 tax filing. To determine what tax information you need to provide, please answer the following question: For 2021, have you ...

In absolute terms, the number of ITRs filed in FY24 stood at 8.09 crore, higher as compared to 7.4 crore in FY23 and 6.96 ...

For married couples, choosing to file taxes jointly or separately can have a significant impact on the amount of income tax owed. In the vast majority of cases, couples save money by filing ...

Our experts bring you unbiased tax service reviews, answer your most pressing questions, and provide the latest tax news. Learn more about everything from tax brackets to tax-loss harvesting with ...

Tax Day this year was April 15, 2024, when most people had to file their federal income tax return for the 2023 tax year. However, some taxpayers impacted by storms and natural disasters have more ...

The IRS has moved the deadline for filing 2020 federal income tax returns from April 15 to May 17, 2021. This change comes after lawmakers, tax professionals, and others put intense pressure on ...