The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

The current Income Tax Act was enforced in the country in 1961 and now, the new Income Tax Act is being made according to the ...

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

These days, there are a number of free options for filing your tax return, and many of them offer guided support to help you ...

Some dread doing taxes and wait until the last minute. But millions of others file early to get their tax refunds. What to ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

The Supreme Court on January 7 set aside the Gujarat High Court's judgment dated March 21, 2017, through which the rejection to the compounding application of the Appellant for the assessment ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...