If you haven’t been making payments on your federal student loans, you could soon find yourself sent to collections with your ...

Submitting your return is not the same as the IRS accepting your return. Once it is accepted — you will know it has if you see a "Refund Sent" alert when you check your tax return status online — at ...

Conclusion and Outcome: The High Court held that the addition sustained by the ITAT lacked evidentiary basis and was founded on unwarranted suspicion. The assessee had duly discharged the onus placed ...

ITAT Bangalore held the imposition of penalty under section 270A of the Income Tax Act is not sustainable since charge of ...

Did you know that individual income taxes accounted for 49.3% of total government revenue in fiscal year 2024? How about that ...

Some folks don’t file taxes simply because they don’t earn enough, but they could be missing out on a significant tax refund.

When you file your Income Tax Return (ITR), you might notice that you’ve paid more tax than you actually owe. This could be due to excess TDS deductions, advance tax payments or eligible deductions ...

Senator Chris Van Hollen said on Thursday night that he had met in San Salvador with Kilmar Armando Abrego Garcia, the Maryland man whose wrongful deportation to El Salvador last month has become a ...

A New York county has one of the highest average federal tax refund amounts in the U.S., according to a recently released study by Upgraded Points. New York County, which houses the New York City ...

If you make a mistake on your tax return, you can use Form 1040-X to file an amended return. You'll get any refunds you're ...

Workers earning income through digital platforms can qualify for mortgages if they have steady income, good credit, savings ...

Your tax refund isn't free money — it's your own cash returning to you. Learn how to leverage it for long-term financial security instead of short-term spending.