Tax season is underway. The IRS has debuted a new online tool to help taxpayers check the status of any refund they may be ...

Visit the tracker page on the IRS website and click the Check your refund button. Once directed to the Refund Status page, ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

Yes, you do. You very much need to report the income you made from tips on your tax return. On its website, the IRS advises ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

The House of Delegates and Senate are presenting a united front in pending budget negotiations with Gov. Glenn Youngkin on ...

Currently, about 74-75 per cent of taxpayers file their returns under the new income tax regime, the official said citing government data.

You can track your refund’s status on the IRS’s Where’s My Refund? tool and via the IRS2GO app. If you file electronically ...

Ultimately, India should get a fair share of tax revenue (from overseas digital firms accessing Indian market), which we are ...

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

Agrawal said the government's and the Income-Tax Department's philosophy and approach is to ensure a "non-intrusive" tax ...