These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

In the matter abovementioned ITAT deleted additions u/s 69A made on account of cash deposit during demonetization after ...

Federal Tax Ombudsman (FTO) has unearthed a new kind of strange activity by a telecom operator involved in the issuance of ...

To qualify for the EITC, you must have under $11,600 in investment income and earn less than a specific income level from wor ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail to take advantage of the tax break each year. The Earned ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

The Bombay High Court ruled in favor of Bizznet Online Systems Pvt Ltd, directing the revenue department to process the company’s pending TDS refund application in a time-bound manner. The petitioner ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

As tax season kicks off, millions of Americans are preparing to file their returns. With the potential to significantly ...

Who should file a tax return, how to get ready for taxes, filing and payment due dates, reporting your income and claiming deductions, and how to make a payment or check the status of your refund.