As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

A tax refund is a reimbursement to taxpayers who have overpaid their income taxes, and so the government sends the money back ...

In the fourth quarter of 2024, the Income tax provision was $125.7 million on income before income taxes of $483.3 million.

Guam’s 2025 income tax filing season starts Monday, Jan. 27, the Department of Revenue and Taxation announced on Wednesday. DRT is reminding taxpayers that all filings for 2024 tax returns must ...

The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

The ITAT emphasized that a proper assessment of the agricultural income was necessary before confirming the addition under Section 68. The assessee’s counsel argued that sufficient evidence, including ...

The total revenue impact on account of tax benefits extended to companies was Rs. 96,892.39 Crores and Rs. 1,09,333.38 Crores (projected) in FY 2021-22 and FY 2022-23 respectively (Source: Receipt ...

Finance minister Nirmala Sitharaman on Saturday announced a significant change in income tax policy during the Union Budget 2025-26 presentation, stating that individuals earning up to Rs 12 lakh ...

After reaching a high of 9.16% in 2020-21 due to the pandemic-led expenditure ... possibly expecting some boost from the massive income tax cuts. In her budget speech, Sitharaman gave massive ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing ...

Simplified tax slabs After the new income tax regime became the default tax regime, the government has made many changes in terms of tax slabs and introduced deductions. Tax experts believe that ...