Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The Telangana High Court reviewed a writ petition filed by Global Organisation for Development against the Commissioner of ...

April 15 tax filing date looming two months away, tax experts say it’s time to collect your tax documents and prepare your state and federal tax returns. Getting a head start on your tax return will ...

Pennsylvania's Department of Revenue issued incorrect 1099-G tax forms to tens of thousands of residents, causing ...

Too few citizens are expected to contribute too much to the tax coffers. Yet, the political courage needed to even out a ...

The new Income Tax Bill aims to replace the outdated 1961 Act, simplifying direct tax laws, reducing ambiguities, and curbing ...

No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?

The IRS treats interest earned on money in a savings account as taxable income. Your financial institution issues a 1099-INT form if you earned at least $10 in interest in the previous tax year. Some ...