Treasury Secretary Scott Bessent will serve as acting head of the IRS after President Donald Trump replaces Billy Long, according to people familiar with the matter.

The central government has decided to withdraw the Income-Tax Bill, 2025, just months after it was introduced in Parliament on February 13. The reason? A Parliamentary Select Committee led by ...

Even when the advance taxes have been paid, they need to be reported to the Department through the ITR filing procedure.

The IRS says billions of dollars in unclaimed tax refunds is available for claiming. While there are plenty of free tools ...

Online TurboTax products are also free if you’re an active-duty or reserve member of the U.S. military. If you get a W-2 from the Defense Finance Accounting Service (DFAS), you qualify for free ...

From pilot to cancellation in one year. Ours is not to reason why, but Americans have to handle the aftermath.

Failing to file your income tax return (ITR) on time can lead to penalties, interest charges and loss of tax benefits.

Today, taxpayers often receive refunds almost instantly, a leap powered by sophisticated systems like the Annual Information ...

The IRS plans to discontinue its Direct File program, a free tool for taxpayers to file taxes directly. This decision could significantly impact how millions of Americans file their taxes starting in ...

Navigating the complexities of tax deductions, credits, and bonuses can significantly impact your tax refund. By ...