News

The Trump administration’s move to push out IRS Commissioner Billy Long came after the agency said it couldn’t release some ...
The IRS plans to discontinue its Direct File program, a free tool for taxpayers to file taxes directly. This decision could significantly impact how millions of Americans file their taxes starting in ...
The updates concerning the ITR-5 form for Assessment Year (AY) 2025-26. The Central Board of Direct Taxes (CBDT) has made ...
Failing to file your income tax return (ITR) on time can lead to penalties, interest charges and loss of tax benefits.
Online TurboTax products are also free if you’re an active-duty or reserve member of the U.S. military. If you get a W-2 from the Defense Finance Accounting Service (DFAS), you qualify for free ...
From pilot to cancellation in one year. Ours is not to reason why, but Americans have to handle the aftermath.
A summary of India's direct tax collections from 2020-2025, detailing collections against budget estimates, the impact on fiscal targets, and ongoing reforms to expand the tax ...
Today, taxpayers often receive refunds almost instantly, a leap powered by sophisticated systems like the Annual Information ...
For AY 2025-26, the ITR filing deadline for non-audit cases has been extended from July 31 to September 15, while audit cases ...
Treasury Secretary Scott Bessent will serve as acting head of the IRS after President Donald Trump replaces Billy Long, according to people familiar with the matter.
New draft incorporates Select Committee recommendations; aims to simplify tax law, reduce litigation, and modernise ...
Rumors about President Donald Trump planning to send a stimulus check, worth $2000, in August are doing the rounds on social ...