A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

September 15 is the last date to file ITR for AY 2025-26. Will the Finance Ministry extend the deadline again? Get latest ITR ...

The 19th reports a new child tax credit starting in 2026 will increase to $2,200 but limit access for many low-income and ...

The Income Tax Department is now investigating the 'exempt income' on which people have not paid tax. The department has sent ...

ITAT Delhi quashes a reassessment for Sulekh Chand Jain, holding that the Rohtak Assessing Officer lacked territorial jurisdiction, making the proceedings ...

The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for ...

More than 8,600 taxpayer services employees have left the IRS under the Trump administration so far — about 20% of all staff working in that capacity.