The fake IRS emails and texts announcing tax refunds and credits are already on the way. It’s tax filing season, so beware of ...

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our ...

If you don't pay what you owe on your taxes when you request an extension, you might get hit with an underpayment penalty. To ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...

On Friday, the IRS released initial statistics comparing the end of January 2025 with early February 2024. As of Feb. 7, 2025 ...

Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

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Now taxpayers have a longer timeframe of up to 48 months to file an updated income tax return which was 2 years earlier. The ...

Although 2024 tax returns aren’t due until April 15, the IRS began accepting them last month. That means the 2025 tax season ...

To check the status of your refund, use the " Where's My Refund?" tools for federal tax refunds or go to the IRS2Go app.

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.