New Delhi: Many taxpayers are still waiting for their income tax refunds, even after filing returns well before the July 31 ...

Prepare for the 2026 tax season. Find key deadlines, including the expected April 15 filing date, and learn why the IRS is ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.

We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...

Many taxpayers mistakenly believe an extension pauses IRS penalties and interest. Experts say that misunderstanding can quietly inflate tax bills by thousands. IRVINE, CA / ACCESS Newswire / December ...

The House has passed a GOP health care bill that does not include an extension of Affordable Care Act tax credits.

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...

“I want to make it as simple as possible for people to file taxes and access the tax credits and deductions they’ve already earned but often miss out on,” Polis said in his letter. “I was disappointed ...

Trump accounts are a new type of tax-deferred investment vehicle for U.S. children, created under President Trump's "big, beautiful bill" tax and spending bill, which promises $1,000 seed ...

December has emerged as a crucial month for compliance, with taxpayers, bank customers and government pensioners required to complete several mandatory tasks to avoid penalties, blocked transactions ...