An estimated 20 million taxpayers will need to file before this week’s deadline, the Internal Revenue Service (IRS) warned ...

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

The case involved a taxpayer with income exceeding Rs 20 crore and TDS claims of over Rs 4.8 crore. However, the Central Processing Centre (CPC) denied nearly Rs 96 lakh of TDS credit, claiming it did ...

ITAT Mumbai rules Section 205 protects taxpayers. TDS credit cannot be denied due to Form 26AS mismatch caused by deductor’s default or ...

The IRS has extended the comment period for Form 6765 draft instructions on the Credit for Increasing Research Activities to March 31, 2026, allowing stakeholders more time to provide feedback.

The comment period has been extended to March 31, and the extra 45 days to perfect R&D claims is now available Jan. 10.

Some taxpayers who filed "bare trust" forms to the Canada Revenue Agency last year may have done so needlessly as the federal ...

The Internal Revenue Service is officially starting its transition away from paper tax refund checks today, Tuesday, Sept. 30. The change, required by an executive order issued in March, is aimed at ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax compliance and naturalization, tax filing deadlines, tax trivia and more. Quick ...

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

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 ...