Both federal and state tax returns for 2024 must be filed by April 15, 2025. Those unable to meet that deadline can file for ...

ITR-U is a form that lets taxpayers update their income tax returns if they missed filing the original or belated return or ...

The tribunal reviewed legal precedents, including rulings by the Orissa, Telangana, and Bombay High Courts, which consistently held that procedural delays in filing Form-10B should be condoned if ...

He stated that he believed reporting accumulation in Form 10B (audit report) was sufficient and was unaware of the requirement for a separate Form 10. Due to this oversight and the COVID-19 pandemic, ...

As the tax filing season begins, residents who are eligible for the Earned Income Tax Credit are reminded that Michigan’s EITC was boosted in 2023. Public Act 4 of 2023 expanded the Michigan EITC from ...

Though the billionaire presidential adviser created confusion when he said he’d “deleted” the agency behind it, the free ...

Joel A. Lee, director of the Virgin Islands Bureau of Internal Revenue, announced the implementation of VI Quick File, the Bureau’s online income tax filing portal, in a press release Friday.

The Internal Revenue Service (IRS) has outlined six key recommendations to assist taxpayers in preparing their 2024 tax ...

TAKE UP TO 44% OFF: TurboTax 2024 software is marked down at Amazon by up to 44% including options for businesses, ...

Around 140 million Americans are expected to file their tax returns by the April 15 deadline. Last year, roughly two-thirds ...

We explain how fines work for late returns and missed payments, and offer advice on what to do if you're struggling to pay ...

Taxpayers should note the revised tax slabs and rates announced in Budget 2025-26 will only be applicable for the Financial ...