If you missed the deadline to file your Income Tax Return (ITR) or made mistakes in your earlier submission, there’s good news — you still have time to fix it. The Income Tax Department allows ...

Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. The new rules will ...

Millions of taxpayers have been reminded to file their 2024 tax returns by the end of Wednesday. The Internal Revenue Service (IRS) said the October 15 deadline applies to taxpayers who were granted ...

Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks. Many, or all, of the products featured on this page are from our advertising partners ...

The One Big Beautiful Bill Act has supersized the standard deduction for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim up to $6,000 in addition to the ...

Question: “I’m 75 years old and the IRS has caused me a lot of anxiety I think could have been avoided. I want to fire my preparer and my financial adviser because I feel like it will take a while for ...