Taxpayers have a crucial opportunity to reduce their tax burden by filing their updated Income Tax Return (ITR-U) before ...

IRS Direct File, offering free tax filing, returns with expanded features and eligibility, now reaching 25 states and 32 million Americans.

Simpson recommends that first-time filers look into the multiple resources available to file taxes for free or at a low cost.

Individuals who earn $67,000 or less, people with disabilities, those with limited English proficiency, and taxpayers aged 60 ...

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

Many NRIs using Double Taxation Avoidance Agreement (DTAA) are getting Income Tax notices for claiming benefit of lower or ...

Those with an estimated tax liability of over Rs 10,000 in a financial year are required to pay advance tax during the year.

Don’t let last-minute tax filing cost you money! From choosing the wrong ITR form to missing deductions, here are the biggest ...

In some cases, the bank account linked to the PF account may become inactive or get canceled. In such situations, a new bank ...

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the ...

With the acute phase of the Covid-19 pandemic fading even as the coronavirus persists and evolves, a new normal is taking shape around the world. “It still feels kind of incomplete,” said ...

Employers must provide Form 16 by June 15 of the assessment year (AY). Although not mandatory, Form 16 simplifies the ITR filing process and reduces errors in reporting income and tax deductions. If ...