The Income Tax Return filing portal is experiencing high traffic. This is causing access and download problems. Taxpayers are ...

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

Here's how you can claim contractors claim the 45L energy efficient home credit using Form 8908 for ENERGY STAR and ZERH ...

In a letter to the IRS, the AICPA said the changes align with an executive order mandating that all federal tax payments and ...

ITR Due Date Extension 2025 Live Updates: More than 7.3 crore ITRs have been filed till September 15, crossing last year’s ...

The Central Board of Direct Taxes (CBDT) has now further extended the due date by a day to September 16, 2025. The e-filing ...

The IRS recommends three years (shred the rest at the WFMY shred!), but you may want to keep all your W-2s in case Social ...

Difficulty in accessing AIS has been the chief complaint of many tax professionals ahead of the September 15 ITR filing due date. It is important to review AIS to avoid missing out on disclosures, ...

Small business owners can file their state and federal tax returns quickly and accurately with the best tax filing software programs.

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

The ITAT in Mumbai has restricted an income tax disallowance on alleged bogus purchases for Quality Heightcon, capping it at 12.5% of the total amount and citing judicial ...