The One Big Beautiful Bill brought several changes to personal income taxes. Learn what you need to know for the upcoming tax season.

A revised or belated return must be filed by December 31 of the relevant assessment year, or before the tax authorities complete the assessment, whichever comes first. Missing this deadline closes the ...

Generally speaking, income you earn from your job or business is fully taxable at the federal level and, where applicable, at the state level. However, some types of investment income can be ...

The Income Tax Department said these messages are linked to transaction-related information that is already available with ...

The Income Tax Department has notified taxpayers via email and SMS that their refunds are being held due to discrepancies in their ITR filings. Many affected individuals are seeking clarity and an ...

Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly ...

The clarification follows concerns raised by taxpayers over system-generated intimations related to discrepancies in their ...

In next week’s edition of the Washington Examiner magazine, I will have a comprehensive analysis of former President Donald Trump‘s rumored proposal to replace our current income tax scheme with ...