S, filing your taxes keeps the government updated on your income status.  Over two thirds of people who submit their tax ...

The U.S. tax code does not allow taxpayers to deduct penalties assessed by the Internal Revenue Service. However, they may ...

The IRS reviews suspicious claims and sends letters to filers asking for additional verification for any claims — including withholdings. Claims deemed fraudulent can result in penalties of $5,000 for ...

After your spouse dies, you could face a surprise higher tax bill, financial experts say. But it’s possible to prepare with advanced planning.

The "advice" calls for taxpayers to claim large income and withholding amounts in order to receive a larger tax refund.

Bengaluru: BBMP's special commissioner for revenue, Munish Moudgil, directed zonal officers to focus on the collection of ...

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

Different types of businesses will have different deadlines for their taxes. S-corporations need to file by March 17, 2025.