The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

Thousands of people submitted their tax return with just minutes left to go before the deadline, according to HM Revenue & ...

More than a million taxpayers are being warned they face financial penalties. HM Revenue and Customs says the majority of ...

Vide Finance Act 2022, taxation of virtual digital assets (VDA) has been introduced in the Income-tax Act, 1961 (‘the Act’), under section 115BBH of the Act in which the transfer of VDA is to be taxed ...

The IRS cautions taxpayers not to rely on receiving a refund by a certain date, especially when making major purchases or ...

More San Antonians can access free tax preparation through Volunteer Income Tax Assistance (VITA), as the local coalition has raised the income eligibility limit from $60,000 to $65,000 annually. Why ...

1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...

Introduced in 2022, the updated return facility allows taxpayers to voluntarily correct any mistakes or omissions in their ...

An estimated 1.1 million people missed the deadline for filing their annual tax returns, according to HM Revenue and Customs ...

Confused about your 1099-R and 1099? Learn the key differences between these tax forms and how they impact your taxes.

Hundreds of thousands of people left it to the last minute, with 732,498 self-assessment tax returns submitted across the ...

The IRS is sending out billions of dollars in stimulus payments to millions of Americans in February 2025. These payments are for ...