New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

An eligibility check on the IRS.gov website indicates that Hawaii is not one of the 25 states participating in the “IRS Direct File ” online income tax filing program for federal returns. Why not, and ...

The income tax return filing deadlines, income tax slabs, and capital gains taxations remain unchanged, as outlined in Budget 2025, to provide tax certainty for taxpayers.

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

If the IRS owes you a tax refund, it should come within 3 weeks of filing. And in a change, 25 states are now participating ...

WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The Earned Income Tax Credit (EITC) was signed into law and is designed to “lift many financially challenged families out of ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...