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

Filing your tax return can be a daunting task, but the reward often comes in the form of a tax refund. For those who have ...

Tax season can be a bit stressful for some taxpayers, but the reward will come when they receive their refunds. Many people look forward to the day when extra money arrives in thei ...

The IRS has opened the 2025 tax season, giving taxpayers until April 15 to file their returns. Missing this deadline can lead ...

Announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025, new changes are designed to simplify the tax ...

Direct overseas investment via LRS has become a more cost-effective method for accessing global markets than domestic mutual ...

The primary contention of the appellant, represented by the learned Additional Solicitor General (ASG), before the Supreme Court was that the statutorily prescribed rate of interest under Section 244A ...

MILLIONS of people may unwittingly be paying too much tax, but a simple check can reveal if you’re one of those owed hundreds ...

Savers could be in for a nasty surprise. HMRC is responsible for collecting what tax savers owe on the interest they have ...

The amendments introduced in the Finance Bill 2025, as passed by the Lok Sabha, reflect the government’s continued efforts to streamline tax administration, enhance clarity in compliance, and promote ...

The fiscal calendar is moving forward, and an important deadline is approaching for a specific group of taxpayers: those who have not yet claimed the Recovery Rebate ...

Elon Musk has accused the Democratic Party of using fraudulent IRS refund payments as a tool to attract and retain illegal immigrants in the United States.