Union Finance Minister Nirmala Sitharaman will present Budget 2026-27 on Sunday, February 1, 2026, at 11 AM. Key expectations ...

Union Finance Minister Nirmala Sitharaman will present Budget 2026-27 on Sunday, February 1, 2026, at 11 AM. Key expectations ...

Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR ...

You must file a federal tax return if your income meets the IRS filing threshold for your age and filing status, if you ...

The choice between the old and the new income tax regime is an important one and every year, taxpayers carefully calculate the tax liability under each before deciding on which one to opt for.

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...

Wondering why is my tax return so low this year? Learn the most common reasons for smaller refunds and steps you can take to ...

The River Center's Volunteer Income Tax Assistance program provides free, basic tax return preparation by IRS-certified volunteers to eligible taxpayers, creating a supportive environment and helping ...

The Tribunal examined whether a branch office treated as a permanent establishment can deduct head-office cost reimbursements. ITAT held that full cost deduction is mandatory so that only profits ...

Tax evasion means purposely not paying taxes you owe. In contrast, a tax filing error usually happens because of a mistake, misunderstanding, or oversight. Most errors can be fixed by filing an ...

Union Budget 2026–27 is widely expected to reinforce growth momentum while easing cost-of-living pressures for taxpayers. Anticipated measures include a modest hike in the standard deduction, a higher ...