Finance Minister Nirmala Sitharaman proposed to extend the time limit for filing updated tax returns from 24 months to 48 months in the Union Budget 2025.
The Union Budget 2025-26 increased the income tax basic exemption limit to Rs 4 lakh under the new tax regime, benefiting all taxpayers. A hike in the income tax basic exemption limit means all ...
The "Where is my refund?" tool is an IRS tracking system for filers to get updates on the status of their tax refund. Those ...
We recommend every taxpayer, no matter what their filing status or whether they’ve filed before to bring your last year’s ...
The Tax Court found all requirements of Sec. 6702(a) were met regarding the taxpayer’s zero-wage and -income return.
In Kentucky, more than 352,000 workers and families received about $967 million total in EITC for tax year 2023.
Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a ...
All taxpayers must file a correct and timely tax return and should start their research by reading reviews and checking the ...
If you've already filed your tax return, here's everything you need to know about your refund, including when it will arrive ...
You can use your phone or tablet for a whole lot of things. You can, of course, take photos and send text messages (even by ...
And the potential loss of expertise in information technology and cybersecurity could put both agency efficiency and taxpayer ...
Tax experts recommend taxpayers file their 2024 tax returns sooner rather than later. Jackson Hewitt’s Chief Tax Officer, ...