The Income Tax Appellate Tribunal (ITAT) Pune ruled in favor of Preeti Das, allowing her Foreign Tax Credit (FTC) claim despite the late filing of Fo ...

SSI recipients may benefit from filing taxes in 2025 to claim credits like the CTC and EITC, potentially receiving a refund and maximizing financial benefits ...

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

Key Takeaways - What Is a 1040 Tax Form and How Does It Work? The 1040 tax form is the form taxpayers use for filing federal taxes. It's also a form that plenty of people have trouble filling out or ...

April 15 is the drop-dead date for filing a 2021 federal income tax return, if you haven't done so. The IRS says many are ...

I f you haven't filed your 2021 tax returns you might be missing out on a COVID stimulus payment. Taxpayers who haven't filed ...

The court examined the amendments introduced by the Finance Act, 2017, which expanded the reassessment period from six years to ten years, subject to certain conditions. The Revenue contended that the ...

The NETFILE and ReFILE services are open for electronic filing from February 24, 2025 at 6:00 a.m. (Eastern time), until January 30, 2026. You can electronically file ...

If you're receiving payments on platforms like Venmo or PayPal, you'll likely get 1099-Ks at tax time. What are they and what ...