New Income Tax Bill 2025: Tax deadlines, belated return, revised return -- here's what the draft bill says
The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...
How much should you be paying for tax prep? Read this first.
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free.
Tax deductions and credits may boost your refund. Which ones are available to new filers?
If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.
New Income Tax Bill 2025 to propose no tweaking between old, new tax regimes every tax year; here's what it means for taxpayers
The proposed bill states upon choosing the new regime, taxpayers are unable to revert to the previous system in subsequent ...
All About VITA, The IRS Program Assists Eligible Taxpayers With Free Tax Prep
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
1 in 5 people are missing out on Earned Income Tax Credit worth $7,830; here’s what to know
If you are a low- or middle-income earner, you may be eligible for hundreds or even thousands of dollars in your 2024 tax ...
The Tax Credit Worth $7,830 That Often Goes Unclaimed
The Earned Income Tax Credit (EITC) is a federal tax incentive aimed at supporting low-to-moderate-income workers.
Parkland Health offers free tax preparation services for patients and employees
Parkland Health announced that it will partner with Foundation Communities to offer free tax preparation services to low and ...
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IRS launches awareness day on 50th anniversary of Earned Income Tax Credit
WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned ...
10 takeaways in new Income Tax Bill for taxpayers: Tax year, TDS compliance, number of sections and more
The Income Tax Act 2025 will replace the current Income Tax Act 1961. As the current income tax laws will change, many ...