For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

ITR form selection is vital for tax returns. ITR-1 suits salaried individuals with income up to ₹50 lakh, whereas ITR-2 ...

A group of Maryland lawmakers is calling on the IRS to expedite federal tax refunds for individuals who are facing financial ...

This has brought relief to crores of taxpayers who were not able to file their returns properly till now, especially those ...

The Income Tax Department has released ITR-2 and ITR-3 Excel utilities for FY 2024-25, enabling taxpayers with capital gains ...

Net corporate and personal income tax collections slip despite rise in gross inflows; refunds more than double in two years, ...

If you’re banking on tax-free overtime to boost your paycheck, you’re out of luck. Trump’s “big beautiful bill” doesn’t ...

If you’re still waiting on your Georgia surplus tax refund, there’s a way to track your payment—and many residents have ...

Even if the megabill boosts charitable giving, nonprofits providing social services are likely to find themselves financially ...

The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...

A Birmingham tax preparer was sentenced for preparing false tax returns for clients, according to U.S. Attorney Prim F.