The IRS started accepting tax returns on January 27, 2025, with a filing deadline of April 15, 2025. E-filing with direct ...
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...
Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...
The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
However, taxpayers claiming the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) should expect a delay, with most refunds for these credits available by March 3. Here's a ...
Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...
IRS tax refund may arrive sooner than you think. Here’s a schedule for when you can expect your check or direct deposit.