Tax season is coming soon. Want to file federal taxes for free? IRS Direct File is gone, but there are other options. Know ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

Arizona Gov. Katie Hobbs told the state Department of Revenue to publish the new tax forms with the tax break she says she ...

From self-employment tax on your side hustle to surprise bills when debt gets forgiven, these seven tax obligations catch ...

The 2026 tax season will soon be underway and some Americans could be receiving heftier tax returns this year.

India’s economic footprint extends far beyond its borders. Millions of Indians living abroad continue to hold property, ...

The issue was whether SEZ deduction could be denied for alleged late filing of Form 56F. The Tribunal held that filing within the CBDT-extended deadline was valid and CPC erred in disallowance. The ...

As we kick off a new year, most prop traders do the same thing. They look back at: The payouts they hit; The evalu ...

The key is to ensure that income is correctly disclosed and that high-value transactions are explainable and consistent with ...

A consumption tax is a tax on goods or services you spend money on, rather than what you earn. The United States does not ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...