Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

The marginal rates for tax year 2025 are as follows: In 2026, for the tax year 2025, the standard deduction will get a $400 ...

The Income Tax Department has announced good news for taxpayers who are eligible to claim section 87A tax rebate for FY ...

The Income Tax Department is allowing eligible taxpayers to claim the section 87A tax rebate in updated ITR forms. This ...

The main deadline to file ITR forms to claim refunds is generally July 31st every year, however, a window is open for late ...

For example, if you settled a suit and received taxable damages, report the payment as income. But if you have arguments that the lawsuit recovery should not be taxable, the last thing you want is a ...

The calendar has flipped to 2025, and Americans will soon be tasked with filing their tax returns for the previous year.

In order to file a tax return correctly, taxpayers must have all the necessary documents. One of those is the W-2, which employers must provide on time.

E-filing income tax in India is a breeze if you follow these steps. First, identify your tax slab based on your annual income. Then, register on the Income Tax Department's website using your PAN and ...