Central Board of Direct Taxes (CBDT) has clarified that marginal relief applies to incomes up to Rs 12.75 lakh. This means ...

For individuals who do not invest heavily in tax-saving instruments, the new tax regime could be more beneficial due to lower ...

Introduced in the Union Budget 2020, the new tax regime offers significant reductions in tax rates, but limits the ...

Sky-high property taxes have put some homeowners in desperate straights. A bill to lower them could leave schools and police ...

The IRS launched the pilot program known as Direct File in 2024 so that people can file their tax returns directly with the federal government.

Oregonians have more options for free online tax prep for the 2025 filing season. Some may qualify for the IRS Free File ...

Learn what happens if you don't file your taxes. Discover the consequences, penalties, and how to address unfiled tax returns ...

Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.

This should be a banner year for taxpayers seeking free tax-preparation. But one key IRS program is under fire.

Republicans and Democrats testified the bill would decrease local governments' revenues significantly and affect the quality ...

Tax season may never be seen as fun, but this year provides Washington a perfect opportunity to make it less confusing.

Key Takeaways - Is Interest on Personal Loans Tax Deductible? You can use a personal loan for a variety of useful purposes, ...