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 ...

The start of 2025 brings important federal payroll tax and withholding changes that every employer needs to understand. From ...