In a couple of months, tipped employees will be able to deduct a portion or all of their tips from federal income taxes. Here ...

Delaying income tax filing in the country can lead to penalties and stress; this guide explains common reasons for late ITRs, ...

The Income Tax Department has extended the ITR filing deadline for FY 2024-25 to September 15, 2025, for individuals and HUFs ...

Filing your income tax return this year? Don't overlook these deductions that are linked to your home loan—they may lower ...

Filing an Income Tax Return (ITR) may seem unnecessary if your income is below the basic exemption limit, but financial ...

Sikkim is the only Indian state where eligible native residents can earn crores without paying any income tax, thanks to a ...

Filing tax returns doesn't have to be complicated. In this post, we go through the different types and their pros and cons.

Learn about active income tax refund scams, how to identify fake emails, and essential steps to protect your financial ...

In tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

It is not uncommon to witness discrepancies in the information recorded in AIS and the actual number. If the information on ...

It is important to mention capital losses while filing income tax return, as it will help in setting it off against future ...

The due date for filing ITRs for salaried individuals and HUFs not subject to audit has been extended till September 15, 2025 ...