With no tax for income under ₹12 lakh, you have a higher incentive to opt for the new tax regime. This means your incentive ...

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

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

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

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.

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, ...

Tax filing season has begun. The Internal Revenue Service has information for people who are already filing their returns.

The Internal Revenue Service (IRS) has released new guidance on the federal income and employment tax treatment of contributions and benefits ...

Now that President Trump is back, he made a lot of promises about tax law that he is expected to move forward in Congress.