More than 55 million Americans have already received their annual tax refunds from the Internal Revenue Service (IRS), with the average filer getting back nearly 5% more than they did last year.
The new income tax bill, effective from April 1, 2026, allows authorized officers to access locked physical and digital ...
The Income Tax Department has recently introduced an enhanced version of the Excel-based utility for Filing ITR-2, designed ...
The bill reduces the number of chapters from 52 to 23 and pages from 823 to 622, eliminating redundant and obsolete provisions. This structural simplification makes the tax code more accessible and ...
Income Tax Department issues notices to taxpayers not deducting TDS on rent over ₹50,000, leading to penalties.
The Rajasthan High Court addressed a case where Namrata Jain, an NRI residing in the USA for over 15 years, challenged an income tax reassessment initiated under Section 148A(d) of the Income Tax Act, ...
While an extension avoids late filing penalties and provides extra time for filing, an extension of time to file is not an ...
The governor and lawmakers propose closing a state budget deficit in part by taxing large website and cloud computing ...
Since you have been writing about ID-proofing at Social Security, I wanted to share that I got a letter from the Hawaii tax department requiring me to verify my identity before I could receive my ...