Tax season is underway, and the IRS expects 140 million people will file returns by April 15. If you file your tax return ...

ITAT Agra held that evidences with regard to deposit of income tax deducted at source (TDS) filed for the first time before ITAT hence appeal allowed with direction to AO to verify the documents.

Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...

ITAT Ahmedabad held that addition towards unexplained cash credit under section 68 of the Income Tax Act not justified since loan transactions were done through banking channels and loans were repaid ...

But where landlords were once able to set things like mortgage interest tax relief against their profits, this has since dwindled to a 20pc tax “credit ... 6 2023 to April 5 2024. Paper ...

ATLANTA — The Internal Revenue Service announced Monday that the 2025 tax season will begin on Jan. 27, the first day the agency will accept and process individual tax returns for the 2024 tax year.

As the IRS begins accepting 2024 tax returns, individuals should prepare for potential delays with certain credits, ensure ...

If you have ever felt as though you end up worse off when you work more, a new Treasury paper indicates you might be right. The analytical note, released this week, shows that 6 ... of tax and the ...

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...

The South Carolina Department of Revenue is now accepting 2024 individual income tax returns, but a local expert says just because it’s open doesn’t mean there’s a rush to file.

While a fourth straight above-average COLA probably sounds great on paper, stubbornly ... But for the 6% of higher-earning workers, your payroll tax liability could climb by up to $930 if self ...