Employees who attempt to cheat the system with bogus tax deductions risk facing severe repercussions. The Income-Tax ...

The agency mailed more than 340,000 paper returns in fiscal year 2025. The move stems from an executive order Gov. Brad ...

The income tax portal states that it normally takes anywhere between 4 to 5 weeks for the refund to be credited to the taxpayer's account. The refund of large amounts may take longer ...

Taxpayers across India are experiencing income tax refund delays in 2025 even after filing their ITR well on time. According to officials, the income tax refund delays are mainly due to increased ...

Income tax refunds for the 2025-26 assessment year are being credited. Some taxpayers are still waiting for their refunds.

Scheme, 2025 adds digital payments, e-statements and mandatory online closure from 2027, modernising the 1988 framework for ...

A Florida congresswoman is accused of stealing $5 million in federal disaster funds and using some of the money to aid her ...

I have a client who HMRC, in their wisdom, have mandated into MTD for IT - having not looked at their tax return which ticked all the boxes to say that ...

Going into the 2024 presidential election, the conventional wisdom and received knowledge of the chattering classes, when asked whether or not it was smart to convert a regular IRA into a Roth IRA ...

Taxpayers who discharge missed GST liabilities through DRC-03 using ITC for supplies already reported in GSTR-1 are not liable for interest under Section ...

The One Big Beautiful Bill (OBBB) shakes up charitable deductions with a little help for non-itemizers and a new challenge ...