Start by choosing the right form. For instance selecting ITR-1 when ITR-2 was the relevant form, will be seen as trying to conceal income that you ought to have disclosed in ITR-2.

Receiving a notice from the Income Tax Department can make any taxpayer nervous. But experts say — a tax notice doesn't always mean you're in trouble or guilty of tax evasion. In fact, there can be ...

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there will be much less third-party reporting required under Trump’s new law.

Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...