Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

Tax season's officially open, but does everyone need to file taxes? No! Here's who needs to file taxes and who may want to ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Be aware that there are other financial situations that can require you to file a tax return, even if your gross income falls ...

If the IRS owes you a tax refund, it should come within 3 weeks of filing. And in a change, 25 states are now participating ...

Americans who are looking for the speediest possible refund for the 2024 tax year can get started today with the official opening of tax season. Today (Monday, January 27, 2025) is the first day that ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Budget 2025 extends the period for filing updated income tax returns from 24 months to 48 months. Taxpayers will now face ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...

The IRS has outlined key requirements to help you file your 2024 tax return accurately to avoid common mistakes and maximize ...

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