In a letter to the IRS, the AICPA said the changes align with an executive order mandating that all federal tax payments and ...

Refinancing your mortgage comes with tax implications, but also opportunities to deduct certain expenses on your return.

Tax season is still going on even though it started in January 2025. There are thousands of Americans who are still waiting ...

As of September 15, around 7.08 crore ITRs have been filed, while around 6 crore ITRs have been e-verified. Previously, the ...

The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

When filing your 2025 tax return, the Earned Income Tax Credit (EITC) could offer a substantial financial boost. This refundable credit supports low- and moderate-income workers, potentially providing ...

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

The Income Tax Department is now investigating the 'exempt income' on which people have not paid tax. The department has sent ...

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

September 15 is the last date to file ITR for AY 2025-26. Will the Finance Ministry extend the deadline again? Get latest ITR ...