Launched as a pilot in 2024, Direct File has revolutionized tax filing in the U.S., offering a free and simple alternative ...

The Head of Household filing status has been a part of the IRS Code since 1951. It was created to provide tax-relief to single-parent households.

CBS News business analyst Jill Schlesinger told CBS Mornings big refunds are often a result of people giving up too much from ...

Many non-resident Indians (NRIs) are receiving Income Tax notice under Section 143 (1) (a) of the Income Tax Act, 1961 ...

Tax extensions are far more common than you might realize - but there are some important things to keep in mind.

The IRS has made significant changes to Form 6765, 'Credit for Increasing Research Activities,' with new requirements set to ...

In response to the severe thunderstorms and tornadoes that struck Arkansas on March 14, 2025, Governor Sarah Huckabee Sanders has signed an executive order ext ...

As the 2024 tax season nears its end in 2025, most American taxpayers have already filed their returns, paving the way for ...

A salaried employee opting for the old tax regime can claim an exemption for leave travel allowance under Section 10(5) of ...

What is ITR-U and How Can It Help You? Filing Income Tax Returns (ITR) correctly and on time is crucial to avoid penalties ...

The IRS has an easy program that allows many people to prepare their taxes without an added cost — for now, anyway. Here's ...