Millions of taxpayers may be owed an IRS refund for penalties or interest charged during COVID. You'll have to act quickly if ...

If you were charged IRS penalties or fees during the COVID‑19 pandemic, you may qualify for refunds, but the window to claim them is closing, tax attorneys say. A federal court ruled that the COVID‑19 ...

ITAT held that delay in filing Form 9A cannot automatically result in denial of exemption under Section 11. The issue was ...

The Reserve Bank of India has announced the premature redemption price for Sovereign Gold Bond SGB 2019-20 Series-X, fixed at Rs 15,920 per unit for redemptions starting March 11, 2026.

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

WASHINGTON, D.C. — Taxpayers filing 2025 returns will see new deductions for tips, overtime pay, car loan interest, and ...

There’s no requirement that the form be downloadable, but the Internal Revenue Service does require 1099-INT forms to be ...

With the 2026 tax season underway, some Social Security recipients who saw their benefits increase in 2025 under the Social Security Fairness Act are having to pay more taxes than in 2025. With ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet. Credit...Joanne Joo Supported by By Tara Siegel ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Lea Uradu, J.D., is a Maryland state ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

The 2026 federal tax filing season is officially underway, and US taxpayers can now submit their 2025 federal income tax returns using Form 1040. The Internal Revenue Service (IRS) began accepting and ...