Your IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

CBDT sent messages and emails starting 28 November to taxpayers, urging them to revise their income tax returns (ITRs) before ...

New ITR Forms: The new Income Tax Return (ITR) forms as per the Income Tax Act 2025 will be notified in the financial year ...

The IRS introduces Form 1099-DA for the 2025 tax season, targeting cryptocurrency transactions. This move aims to regulate ...

What will the extra lucky winner do with their $875 million Powerball Jackpot? The odds of winning the jackpot are 1 in 292.2 ...

The assessee’s exemption under section 11 was initially denied as Form 10B was filed after the return. The court held that timely availability before assessment suffices. Key takeaway: Section 11 ...

Five often-missed federal tax credits worth up to £9B annually cover education, childcare, retirement, and energy. One expires on 31 December; file by 15 April.

If you experience a wash sale, the capital loss disallowed by the IRS is included in the cost basis of the replacement stock.

Incorrect Form 3CD reporting led CPC to treat rental income and capital gains as business income. The Tribunal ruled that such mismatches cannot justify additions without ...

The U.S. government has announced record-high tax refunds, with the Earned Income Tax Credit (EITC) offering up to $8,046 for ...

Pension Deductions has designed an online calculator that allows professionals to estimate their potential contributions to a cash balance plan in seconds.