Keeping tax records for too long can clutter your files, but discarding them too soon can lead to trouble if the IRS audits your return. The general rule is to keep records as long as the IRS can ...

Those impacted by the wildfires in California, for example, have been given until ... TurboTax's basic edition accepts Form 1040 and limited tax credits. The company claims 37% of filers are ...

The income tax department has not yet notified the income tax return forms. As the one month is about to pass, will the late ...

Avoid penalties and delays this ITR season by steering clear of common tax filing mistakes. Understand and learn the top five ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...

Form 26AS is a tax passbook linked to your PAN (Permanent Account Number). It is issued by the Income Tax Department and ...

Being a U.S. resident for tax purposes may require you to file a full-blown U.S. tax return (Form 1040). It’s not only ...

Pay Advance Tax, if Required – If the total tax liability exceeds Rs. 10,000 (after considering deductions and rebates), the ...

However, it’s important to remember the extension is only to file your tax return, not to pay owed taxes. If you owe taxes, you should pay an estimated amount before the deadline to avoid paying ...

Financial disclosures show wide income disparities among candidates, from Mikie Sherrill's $3.2 million to GOP hopeful who ...