Four Senate Republicans are seeking answers about a Biden-era Internal Revenue Service (IRS) compliance unit, citing concerns ...

The income tax return (ITR) filing process for AY 2025–26 will see key changes, especially around capital gains, reporting ...

If you filed your tax return between April 14 and April 20, 2025, you might be eagerly awaiting your IRS refund.

Trump's recent executive order requires digital payments to and from the IRS beginning in September as a measure to prevent ...

Experts, however, are of the view that the government might not give extension in the ITR filing deadline this year because ...

While filing ITR-1 and ITR-4, taxpayers can now file returns even with long term capital gains under sections 112A (up to ...

The NC Department of Revenue said the agency’s printing partner unexpectedly ceased operations. Here’s how this impacts your ...

NRIs are allowed to invest in various financial instruments and real estate in the country. The only exception is they cannot ...

From higher thresholds for asset disclosure to updated capital gains reporting, changes have been brought about to provide ...

Notable updates include simplified reporting for small capital gains, relaxed asset disclosure requirements, and detailed ...

When the IRS announced its plan to develop Direct File - the federal government's first-ever free online tax filing tool - in ...

Topline: The IRS estimated in December 2024 that its new Direct File tax return system would cost the government $61.1 ...