People whose payments exceed $20,000 and had more than 200 transactions for the year will receive a 1099-K form in the mail ...

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

In her Union Budget 2026 speech on February 1, FM Nirmala Sitharaman had said, “The simplified Income Tax Rules and Forms will be notified shortly, giving adequate time to taxpayers to acquaint ...

The IT Department proposes new draft Income-tax Rules, 2026, reducing rules and forms to simplify taxpayer compliance.

Government invites feedback on proposed Income Tax Rules and Forms 2025, effective April 1, 2026. Submit suggestions for ...

The 2026 tax season can be summed up in two words: Complexity and cash. Many can expect bigger refunds, but detailed rules ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

CBDT releases draft Income-tax Rules, 2026 and forms for public feedback, detailing simplified compliance under the new ...

Not sure whether you’re ready for tax season? Here are some warning signs that suggest there’s more for you to prep before it ...

Some of the changes, passed in the Big, Beautiful Bill Act last year, impact returns this tax season. Here's a list of key ...

The Union Budget 2026, presented by FM maintains the existing income tax slabs but introduces a structural change, the Income ...