Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...
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 that mean for refunds?
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
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.
Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late may have to ...
Finance Minister Nirmala Sitharaman has proposed, in the Union Budget, extending the time limit to file updated returns for ...
One year after the launch of the "once-in-a-generation" recycling scheme, the Irish Mirror recalls 12 months of complaints ...
The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...
Filing your tax return electronically and opting for direct deposit is the fastest way to get your refund. Reviewing your return for mistakes can help you avoid delays. Make sure the numbers you ...
In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh crore in the assessment year 2023-24.
The United Arab Emirates saw a dip in tax refunds for new home construction last year, with approved applications drooping by about 700 from the year before. The UAE Federal Tax Authority approved ...