Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...

Although these organizations are exempt from income tax, they may still be required to file tax returns with the IRS and ...

President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could ...

The Internal Revenue Service has released its new marginal tax rates for next year. For 2025, tax adjustments will generally ...

The IRS just dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in ...

help reduce your tax bill so you’re not shocked when you file your tax return. These aren’t the only strategies to consider; ...

In 2014, there were 1.85 lakh returns filed by individuals in Rs 50-lakh income bracket, which escalated to 9.39 lakh in 2024 ...

There has been a significant increase in income tax compliance in the country with more than five-fold growth in the Rs 50 ...

Close to 8 crore income tax returns were filed by July 31 this year, which sources attribute to better compliance by ...

Most people receive tax credits to reduce their premiums for health insurance they buy on the ACA marketplace.

I submitted the tax audit report for AY 2024-25 within the prescribed due date, but missed the deadline for filing the ITR.

Tax burden on the middle class has come down noticeably over the last 10 years, a government source said on Wednesday. He ...