Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

For the 19th consecutive year, the Earned Income Tax Credit (EITC) has launched the "Awareness Day" campaign to provide tax ...

The new bill, which aims to simplify the tax language for common people, will replace the Income Tax Act, 1961.

The 2024 tax-filing season has begun and the IRS has offered a set of six important tips designed to help taxpayers navigate ...

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Want to do your taxes away from your desk? We test and rate the best mobile tax apps that let you prepare and file your ...

In addition to tax cuts, there is a desire for simplification of the tax filing process. Taxpayers have been requesting ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...