The eSmart Paycheck online payroll service calculates your federal and state payroll taxes, prepares and prints paychecks, ...

ITAT Agra held that confirming penalty under section 271B of the Income Tax Act before finalization of quantum assessment is unjust and unfair. Accordingly, matter restored back to CIT (A) for fresh ...

Starting March 3, 2025, the IRS will begin issuing tax refunds for the Earned Income Tax Credit (EITC), a crucial financial aid for low to moderate-income workers and families.

WASHINGTON — The Internal Revenue Service and partners around the nation today celebrated the 50th anniversary of the Earned ...

With all eyes on the new Income Tax bill which is slated to be tabled in the Parliament this week. Sources in the know of the ...

These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...

The Earned Income Tax Credit (EITC) was signed into law and is designed to “lift many financially challenged families out of ...

(NEXSTAR) – There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible ...

The IRS has faced intense blowback to Direct File from private tax preparation companies that have made billions from ...

The Income Tax Appellate Tribunal (ITAT) Delhi dismissed the Revenue’s appeal against GB Springs Private Limited concerning ...

As tax season kicks off, millions of Americans are preparing to file their returns. With the IRS accepting submissions from ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...