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 ...

Under the new bill, individuals who are eligible to obtain an Aadhaar number must provide it when applying for a PAN and ...

Careless; the PTIN shuffle; time for Time; and other highlights of recent tax cases.

RYE, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution ...

Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late may have to ...

The Internal Revenue Service certifies volunteers to prepare basic tax returns in communities across Minnesota.

The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...

Read here for an analysis of the benefits of Nuveen California Select Tax-Free Income Portfolio (NXC) and its tax-free ...

From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines ...

This reduces the total taxable income lowering the overall ... of rebate under proposed provisions of new tax regime, need only to file their returns with no additional steps.

The new Income Tax Bill will exclude outdated provisions, reduce the total number of sections, and introduce clearer language ...

Now let’s quickly walk through the tax return. After reporting your income, you will list your deductions. A deduction reduces your total income. For example, if you have a total income of $ ...