The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...

Some taxpayers may be eligible for a refundable credit of up to $8,000. Here are the requirements and how to apply.

India’s direct tax collections have recorded 19.06 per cent year-on-year (YoY) growth, reaching Rs 21.88 lakh crore in the ...

Typically, a paper check will take three to eight weeks to arrive in your mailbox, but you can track exactly where your tax ...

It’s tax season, and scammers know this is an excellent time of year to strike. Swindlers will pose as tax preparers and IRS agents to steal your refund and identity.

One-year returns averaged more than 11 percent for fiscal 2024. But the future remains murky for the higher ed sector, which ...

Since Nevada does not impose a personal income tax, many individuals relocate to the state to benefit from its tax-friendly ...

Alabama taxpayers with a qualifying 2024 adjusted gross income can prepare their 2024 state and federal income tax returns online using free tax preparation and e-filing software.

Jeffrey Tome, 62, from Rochester, was convicted of filing a false tax return and sentenced to serve two years’ probation, pay ...

An unlicensed Vancouver tax preparer was sentenced Monday to nine months in prison and four months of electronic home confinement for federal tax fraud charges for operating a business that filed fals ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Pay attention to your tax bracket: Having multiple jobs could push you into a different tax bracket. But remember: When your income jumps to a higher tax bracket, you don’t pay the higher rate on your ...