The new financial year has begun, and with it, the tax filing season has also arrived. Now, taxpayers can file their Income Tax Return (ITR) for Assessment Year 2025-26 (FY 2024-25), like every ...

Get a bigger refund by knowing which work expenses you can write off, whether you're a W-2 employee or self-employed.

If you received more than $5,000 in payments for goods or services through an online marketplace or payment app in 2024, you should have received a Form 1099 ... to a 22-percent tax rate.

The IRS treats not filing and not paying as two separate issues. Learn what happens if you don't file your taxes by April 15, ...

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

The Internal Revenue Service (IRS) plans to cut as many as 20,000 staffers — up to 25 per cent of the workforce — as part of layoffs that began Friday, two people familiar with the situation ...

2 lakh. Kindly calculate my tax liability. Brij Lal Dhiman Based on the details provided, the tax liability is calculated as below. We have assumed that the LTCG/STCG is covered under section 112A ...

By contrast, federal revenue from the individual income tax was $2.43 trillion in 2024 — about 32 times the $77 billion the government received in tariffs. Including corporate income tax revenue ...

The Welsh Government's controversial tourism tax will be higher than initially proposed ... to introduce a visitor levy. Each of Wales' 22 councils will have the autonomy to decide on the ...

We test and rate the top online tax services to help you find the best one for filing quickly and accurately—and for getting the largest possible refund. I write about money. I’ve been ...

Mr. Trump has previously described his idea for the External Revenue Service – meant to be a play on the unpopular domestic tax collection agency – as an arm of government "to collect tariffs ...

The Senate Budget plan gives us the tools that we need to get our shared priorities done, including certain PERMANENT Tax Cuts ... hawks in Congress to hold the line.