No tax on overtime' is a new break that begins in 2025, but a surprising twist will have many paying more taxes than they imagined with a deduction.

A Florida woman has been sentenced to 30 months in federal prison for orchestrating a decade-long scheme to hide more than $90 million in offshore assets.

U.S. trading firm Jane Street is not co-operating with the income tax department in the ongoing investigation against the ...

The pilot program, launched in 2024, allows millions of Americans to file their taxes directly through the IRS free of charge.

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.

The Income Tax Department has issued a warning about phishing emails related to tax refunds, advising the public not to click on suspicious links. The department emphasized that personal or bank ...

ITR filing FY 2024-25: The Income Tax Department has enabled online ITR-2 filing for FY 2024-25, allowing taxpayers with salary, capital gains, and cryptocurrency income to file returns by ...

The Income Tax Department has issued a clarification and guidance on how to resolve such mismatches effectively. Why AIS Verification is Important Before Filing ITR ...

Local social media is lighting up with dissatisfaction and surprise upon receipt of current school tax bills (property tax).

Between Trump’s tax bill and the dismantling of the Department of Education, student loan borrowers are about to feel the squeeze.

Lieutenant governor wants to eliminate Georgia income tax Burt Jones, who is running for governor in 2026, appoints state senate committee that includes two lieutenant governor’s hopefuls ...

The income tax department issues notices for various reasons — ranging from simple discrepancies in your tax return to more serious issues like unreported income. Ignoring these notices can lead to ...