The simplified Income Tax Bill, which is half the size of the 1961 Income Tax Act, seeks to achieve tax certainty by minimising the scope of litigation and fresh interpretation, the Income Tax ...

Being older has its benefits. Here are two items exclusively for older adults that can help them save on taxes.

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

The quickest and easiest way to receive your 2025 tax return is by filing online and choosing direct deposit. By filing your ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

While you might have committed to giving a percentage of your income, giving assets that have appreciated into your funds may ...

Here's when the last day to file taxes is, what documents you'll need, new forms for the 2024-25 tax season and how to track ...

We test and rate the best online tax services to help you find the best one for filing quickly and accurately—and for getting ...

While completing your taxes is no easy feat, especially since tax codes ... Credits and Deductions for Homeowners After you've finished your tax return and sent it to the IRS, the waiting begins.

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

This is Union Finance Minister Nirmala Sitharaman's record 8th consecutive budget presentation, coming in the backdrop of ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of ... This could ...