You Searched For "refund of income tax" and got 20 results
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4 mins read
As taxes come due, millions of Americans are still waiting on their refunds from last year
Some people are still awaiting thousands of dollars in 2020 refunds — and have seen their finances …
Juliana Kaplan
1 min read
Direct tax collections surge 35% but fall short of estimates
Gross direct tax collections stood at Rs 6.48 lakh crore till September 8, which is 35.46 per cent …
2 mins read
The IRS announced an 'all hands on deck' approach to get millions of delayed taxpayer refunds to Americans by year's end
Millions of Americans have been waiting on their tax refunds for months. The IRS is determined to f…
Juliana Kaplan,Joseph Zeballo…
2 mins read
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 …
Juliana Kaplan
4 mins read
FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime
Tax saved by individuals in higher income brackets will result in the amount getting channelised in…
3 mins read
About 82.4% of national parties' unknown income tied to electoral bonds says poll rights body
About 82 per cent of the total income from unknown sources declared by national political parties …
PTI
1 min read
Direct tax collections rise 31% to ₹10.54 lakh crore in FY23 so far
Direct tax collections, up to November 10, stood at Rs 10.54 lakh crore, 30.69 per cent higher than…
2 mins read
Parents and lower-income Americans should expect thousands more on their tax returns this year — but the refunds won't come until March even if you file early
Families can get up to $1,800 per kid within weeks, the IRS said. Lower-income families can get mor…
Joseph Zeballos-Roig,Juliana …
3 mins read
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
2 mins read
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
5 mins read
How to file income tax return online for salaried employees 2022-2023
If you are new to filing income tax returns online, you must know that it is a very easy process. …
6 mins read
Missed filing your tax returns? Here’s what you pay in late fee & penalties
Throughout the month of July 2022, the Income Tax Department has been sending reminders urging t…
1 min read
Direct tax collection grows 23.8% to ₹ 8.98 lakh cr till Oct 8
Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher th…
4 mins read
The IRS is wildly understaffed, and it could make for a hellish tax season
Between mountains of paper and tens of millions of backlogged phone calls, the IRS already has its …
Juliana Kaplan,Joseph Zeballo…
2 mins read
3 ways you can avoid refund delays this tax season, according to the IRS
If you're due for a refund this year, be sure to file electronically: The IRS says it should come i…
Juliana Kaplan,Joseph Zeballo…
3 mins read
The IRS is about to pay out billions in interest to Americans still waiting on refunds
The tax code gives the IRS 45 days to process returns and pay a refund. If it doesn't, the agency h…
Juliana Kaplan,Dominick Reuter
3 mins read
The Democrats' big climate and tax bill could bring an extra benefit — making your tax refund come on time
Millions of Americans waited on tax refunds for months due to an overstrained IRS. Now, Democrats a…
Juliana Kaplan
3 mins read
Wisconsin Democratic Senate candidate Mandela Barnes calls for expansion of Child Tax Credit as party makes appeals to middle-class voters amid inflation
Barnes' economic plan would also include provisions to permit Medicare to negotiate drug prices and…
John L. Dorman
4 mins read
Direct File is the most important tech product of 2024, helping you to finally file your taxes for free
Direct File will be the top tech product to compete against Apple and OpenAI. The tax filing servic…
Alistair Barr
3 mins read
A perfect storm of food-stamp cuts and low tax refunds is looming and discount chains like Dollar General and Big Lots could feel the pain
These changes are coming at a time when inflation has kept prices high, straining the budgets of lo…