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

To file your taxes, you will need a host of documents, including personal information and income. Here is what you need, according to the IRS. Personal information: Income: Paycheck stubs W-2 form ...

The IRS has introduced a groundbreaking method for filing taxes, promising to simplify the process for millions of Americans.

Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...

Tax season is underway, and the IRS expects 140 million people will file returns by April 15. The agency has also debuted a ...

President Donald Trump ordered an indefinite hiring freeze at the IRS ahead of tax season, but fears about delayed tax ...

The IRS began processing tax returns Monday. For filers who submit their returns electronically using direct deposit, refunds are generally issued in less than 21 days. There is a caution from the tax ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

Many people don't know they may qualify for the earned income tax credit and get up to $7,830 for some families. Here's how ...

Policymakers can endlessly debate giving or not giving the public certain benefits and services, but once people have become ...

The IRS announced the official start date for tax filing season is Monday, Jan. 27, 2025, for those who like to get an early ...