DCIT, ruled in favor of the assessee regarding the deduction under Section 80IC of the Income Tax Act, 1961. The appeal pertained to the assessment year 2018-19, where the tax authorities denied the ...

The IRS considers marital status and provisional income to determine whether Social Security benefits are taxable.

"If you filed an electronic return, expect a refund and signed up for direct deposit, the IRS says you should get it within ...

There are general rules for whether you have to file a federal tax return this year, according to the IRS. Even if you don't ...

If you're in college, money is likely tight. You can generally file your taxes for free if you have a straightforward return. Taxpayers with adjusted gross incomes of $84,000 or less can prepare and ...

Refund Anticipation Checks (RAC). The taxpayer’s refund is deposited into a temporary bank account, which the tax preparer ...

For 2024, taxpayers can contribute up to $7,000 to traditional IRAs, with those 50 and older eligible for an additional ...

This is exactly what paychecks would look like in each state without the federal taxes Trump plans to cut with his tariff ...

As the 2025 tax filing season continues, the Internal Revenue Service encourages taxpayers to make essential preparations and ...

The US government could potentially enter a shutdown next month, the first one that would ever take place during tax filing ...

Waiting to the last minute to file your taxes means either postponing your refund or leaving yourself little flexibility if ...

Unlike Energy Department assistance programs, there are no income limitations under theInflation Reduction Act’s tax credit initiative. One of the only qualifications is that the house must be your ...