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Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
Leaving Los Angeles: Why the film industry is ditching Hollywood
The share of productions being shot in Los Angeles is on the decline. That's allowing entertainment…
Lucia Moses
54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch
The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…
ANI
A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
The Biden administration introduced new rules aiming to hand some power back to workers, but busine…
Juliana Kaplan
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey…
Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
Nearly 10 million children were in poverty in 2023. It could become a key election issue.
Juliana Kaplan,Madison Hoff
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt
On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…
ANI
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
ITR filing: Documents you need to file your income tax return
If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …
ITR filing deadline is today – If you miss it, there are more consequences than just a penalty
The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…
Millions of Americans may finally get their tax refund checks as the IRS clears out a backlog of 8 million 2021 returns
The IRS has been drowning in paper, and taking months to process tax returns — which held up refund…
Juliana Kaplan
Janet Yellen wants a new way for people to file their taxes for free after very few Americans used the current program
Just 1 in 25 Americans were able to file their taxes for free last year. The Treasury Secretary wan…
Juliana Kaplan,Joseph Zeballo…
One photo of an IRS cafeteria overstuffed with paper shows why you haven't gotten your refund check yet — and just how underfunded the agency is
Many Americans have been waiting for their tax refund checks for months. They may be buried in a pi…
Juliana Kaplan
There's a good chance your tax refund will be smaller this year
Last year, parents could get up to $3,600 per child from the enhanced child tax credit. That's not …