Typically, if your income is less than the standard deduction for your filing status, filing a return isn’t required.

The IRS has taken the unusual step of reopening its portal for auto dealers to submit time of sale reports for EVs sold last ...

There are some tax advantages that come with homeownership. Here's what to know and when you might want to consult a pro.

March 31, 2025, is the last date to make tax-saving investments under the old tax regime for FY 2024-25. Avoid missing ...

Filing taxes in the United States isn't always mandatory. The IRS sets specific income thresholds that determine whether you ...

Germany-based technology and services firm Bosch Limited, on Monday, said it had received a tax demand of more than Rs 20 ...

The Income Tax Department has recently released an upgraded version of the Excel-based utility for filing ITR-2. It is specially designed for individuals and Hindu Undivided Families (HUFs) who do not ...

If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are ...

In the Budget 2025-26 announcement, Finance Minister Nirmala Sitharaman shared the proposal of extending the period for ...

The IRS no longer will issue paper checks or take payments by check under an order from President Trump. The aim is to boost efficiency and cut fraud.

As the financial year 2024-25 concludes, taxpayers face critical tax-related deadlines today, March 31, to avoid penalties ...

As the end of tax season approaches, the Internal Revenue Service reminds taxpayers that IRS Free File is a quick and easy ...