Federal Tax Ombudsman (FTO) has unearthed a new kind of strange activity by a telecom operator involved in the issuance of ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

Completing tax return without Form 16 can be confusing. Here is how you can easily file it when you don't have one.

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to check the pattern ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

The Treasury Department ended its tax-time savings bond program, which was the last way to buy the paper version of I bonds, known as Series I savings bonds.

Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...

Individual taxpayers will now be able to file income tax returns online throughout the year.  But a 2% fine will have to be paid to avail the facility. This penalty can increase up to 48% for a ...

For the first time in 25 years, parents in Lagos are required to provide their tax clearance certificates or pay N10,000 for ...

A: The IRS requires five-year holding periods before earnings can be withdrawn tax-free from Roth accounts. The five-year rule applies separately to each Roth conversion, so the partial conversions ...

As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the ...