Failing to file your tax returns can lead to penalties, interest charges, and potential legal consequences from the IRS.

Here's when the last day to file taxes is, a quick breakdown on some new forms for the 2024-25 tax season and how to track ...

Those due to sell property in March should consider deferring the sale to April to optimize advance tax payments and ...

Advance tax for FY 2024-25 must be paid by March 15, 2025. The department emphasises that timely payment ensures compliance ...

Illinois U.S. Rep. Darin LaHood, R-Peoria, has introduced the Electronic Filing and Payment Fairness Act . LaHood notes that under current law, if a taxpayer physically mails a payment or tax return ...

Older cars that were registered over a 16-year spell are set to be hit with higher Vehicle Excise Duty (VED) car tax bills ...

Shah Vs. Deputy Commissioner of Income Tax (DCIT), ruled on the disallowance of a deduction under Section 80-IA due to the delayed filing of Form 10CCB. The case stemmed from the Centralized ...

New benefit-in-kind rule changes coming into effect this Spring could see motorists caught out with a hefty £15,000 charge.

Advance tax is the income tax that individuals and businesses have to pay in installments throughout the financial year, rather than paying it in lump sum at the end of the financial year. It is also ...

Advance tax is applicable when the total tax liability for a financial year exceeds Rs 10,000. It is computed based on the estimated income for the year and paid in instalments as per the due dates.

According to Income Tax regulations, those individuals having a total tax liability on income from sources other than salary ...

The IRS may owe those who didn’t file their 2021 taxes hundreds — even thousands — of dollars, but the deadline to claim that ...