The provision for filing an updated return was introduced in the Finance Act of 2022 when Finance Minister Nirmala Sitharaman announced this facility, allowing taxpayers to rectify mistakes or ...

While the Internal Revenue Service began accepting returns in late January, it still might be too early to expect a refund in ...

Tax filing deadlines can sneak up on you. Find out everything you need to know about when taxes are due this year.

Thousands of IRS employees were laid off last week, leaving many taxpayers wondering if those layoffs will impact them.

Tax season is upon us, and the Internal Revenue Service is reminding taxpayers to remain wary when filing their taxes this ...

Electric vehicle buyers are facing hurdles as the IRS rejects tax returns claiming the expanded EV tax credit, due to dealerships failing to file a crucial "time of sale" report.

The Saver’s Credit is meant to help those with modest incomes build their nest eggs, so not everyone qualifies. To be ...

Hundreds of IRS employees were laid off in Philadelphia, sparking concerns about tax refund delays. Find out how this could ...

Generally, a standard deduction is the best choice for taxpayers whose total itemized deductions do not add up to more than ...

A little organization can go a long way and prevent headaches come 2026. Get ahead of next year's tax season now by creating ...

Filing your taxes is already a painful enough process without having to pay to do it. The good news? There are plenty of ways ...

Nearly 500,000 Americans fell victim to tax-related identity theft in 2024, with delays averaging two years to get refunds. Experts advise early filing and extra precautions.