Businesses that need extra time to file their tax returns can request an automatic extension using IRS Form 7004, Application ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...

Filing your Income Tax Return (ITR) for 2025? Before you do, it’s crucial to understand whether the old or new tax regime ...

CBDT invites stakeholder suggestions on the new Income Tax Bill, 2025, to simplify rules, reduce compliance burden, and ...

The CBDT invites stakeholders to provide input on the Income-tax Bill 2025, including simplification of rules and forms. Suggestions can be submitted online.

Experts have told Mississippi Today that deep federal spending cuts, along with the elimination of the state income tax, ...

Many Americans are in line to receive a refund from the IRS this tax season. Here are the best ways to put that money to use.

CNBC Select explains how individuals who didn't file a federal tax return in 2021 may still be eligible for the Recovery ...

The Income-tax Bill 2025 grants tax officers power to access digital spaces, including social media and bank accounts, to combat tax evasion, with safeguards to protect privacy and ensure compliance w ...

The Central Board of Direct Taxes invites suggestions to simplify tax processes and reduce compliance burdens as the Income Tax Bill undergoes review.

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a ...

Form 16 for FY 2024–2025 must be issued by June 15, 2025. If your employer withheld TDS between April 24 and March 25, you must submit Form 16 by June 15.