Tax season is once again upon us. If you are filing in Tennessee for the first time, don't be concerned of not having a state ...

About 66.5 per cent of the income tax return filers have zero tax liability, data presented in Lok Sabha on Monday showed.

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

April 15 is the filing deadline for 2024 federal income tax returns for most people. Others in states hit by disasters have ...

Budget 2025 extends the period for filing updated income tax returns from 24 months to 48 months. Taxpayers will now face ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

There are some free tax filing options now available for qualifying Alabama residents. Gov. Kay Ivey announced Feb. 10 that ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Americans who are looking for the speediest possible refund for the 2024 tax year can get started today with the official ...

Union Budget 2025 has proposed to extend updated return filing period to 48 months; understand the rules, benefits, and ...

Elon Musk posted that the IRS Direct File group had been "deleted," prompting confusion about the free tax prep service's future.

Taxpayers are encouraged by the IRS to prepare for filing their 2024 federal income tax returns, including by gathering the ...