The Income Tax department had earlier, extended the deadline by 15 days from the original deadline of October 31, 2024 ...

I submitted the tax audit report for AY 2024-25 within the prescribed due date, but missed the deadline for filing the ITR.

Include your child's unearned income on your tax return by using IRS Form 8814. It's important to note that doing so could result in a higher tax rate for you than if the child filed their own tax ...

Your tax return could hold clues to several missed opportunities and important gaps in your retirement planning.

Year-round tax planning can help prevent tax autopsies and save taxpayers a significant amount of their hard-earned money!

If you fail to pay taxes on time, it might lead to penalties as well as many problems. Being aware of income tax deadlines ...

Chennai ruled in favor of the assessee, Chola Business Services, regarding the concessional tax rate under Section 115BAA of the Income-tax Act, 1961, for the Assessment Year (AY) 2021-22. The company ...

Most taxpayers are not aware that they can actually get a refund larger than the actual withholding that has taken place. One ...

We've all heard the saying that nothing is certain but death and taxes. I haven't yet found the secret to living a long life, ...

Staying on top of income tax deadlines is essential to avoid penalties and ensure seamless financial management. For ...

The deadline for filing income tax returns by corporates and individuals requiring audit is November 15. The deadline was set ...

If you made money last year by working a job or running a business--you might qualify for the Earned Income Tax Credit (EITC). This credit is designed to help middle-class and low-income ...