Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the ...

The IRS issues most refunds in less than 21 days, if your return is accurate and complete, according to the IRS. Opt for ...

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.

Seniors 65 and older can claim a new federal tax deduction up to $6,000 for 2025, but it's not automatic. Learn how to get this tax break and avoid missing out.

With almost a month passed since the beginning of tax season on Jan. 26, many early filers in North Carolina are eager to ...

The Tribunal held that purchases cannot be treated as bogus merely because the supplier did not file an income tax return. Verified GST filings and inventory records established transaction ...

ITAT Panaji held that disallowance of audit fees is not justifiable since commencement of business operation is recognised under the Companies Act and expenditure was incurred wholly and exclusively ...

A trio of Senate Democrats is calling for the government to start refunding roughly $175 billion in tariff revenues that the ...

Tax filing season has a little over a month left to go, with federal and Colorado state tax returns both due April 15. The ...

Creating an online account with the IRS takes a little time, but it gives you access to information that makes filing much easier. Once you have an IRS account, you can find the info you'll need to ...

Taxpayers can track the status of a refund beginning 24 hours after e-filing by using the “Where’s My Refund?” tool on ...

The IRS launched its Zero Paper Initiative last year to speed up paper tax return processing. The project isn’t going well.