In a post on X social media platform, the tax department said it has received reports from taxpayers about inaccurate information included in the communications and acknowledged the error.

Plus: Tax refunds are smaller than expected, sorting out paper checks, reporting crypto on your tax return, Taxes From A to Z, tax filing deadlines, tax trivia and more.

American taxpayers still have a decent amount of time before the filing season ends. But, if you filed already, you might be pleasantly surprised when you get your refund. CNBC reports that — ...

According to CA Dr Suresh Surana, the Income-tax Act, 2025 (ITA 2025) aims to simplify compliance, rationalise procedures and ...

Here are the key issues in the court fight over Trump’s newest tariffs after the Supreme Court’s ruling.

Hedge fund billionaire Ray Dalio has a stark warning for America — one that centers on its mounting debt crisis. And with ...

About 117.6 million taxpayers are owed $461.2 billion in IRS tax refunds, making “Where’s my tax refund” one of the most searched tax questions. The Internal Revenue Service says most refunds arrive ...

A new bill proposes a 5% federal wealth tax on billionaires to fund a $3,000 payment for households earning less than ...

These are the the average tax refund so far for tax year 2025.

A new report from the Legislative Analyst’s Office warns that Medi-Cal spending has “more than doubled” over the past ten ...

The State Department has slashed by about 80% the fee for Americans to formally renounce their U.S. citizenship.

Obama Presidential Center seeks 100 unpaid volunteers as $850M Chicago facility prepares to open in June, promising $3.1B ...