Raj Surendra Mohan Hajela before ITAT Pune concerns the denial of Foreign Tax Credit (FTC) due to a delay in filing Form 67. The assessee, a tax resident of both India and the USA, claimed FTC of ...

Amendments made vide the Finance (No. 2) Act of 2024, Finance (No. 1) Act of 2024 and Finance Act of 2023 in respect of rates ...

There is some variation to when forms needed to do your taxes will arrive, so it's good to start with contacting the firm issuing the form if it's late.

If you're in college, money is likely tight. You can generally file your taxes for free if you have a straightforward return. Taxpayers with adjusted gross incomes of $84,000 or less can prepare and ...

Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

Whether you're eagerly awaiting your IRS tax refund or still have yet to file, here's what Floridians should know about ...

If your tax bill or refund is bigger than expected, it may be time to adjust your paycheck withholding. Here’s an easy way to ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

Pay attention to your tax bracket: Having multiple jobs could push you into a different tax bracket. But remember: When your ...

Tax season can be one of the most stressful times of year for some individuals and families. But for many it comes with a ...

The program allows people in some states with very simple W-2s to calculate and submit their returns directly to the IRS. Those using the pilot program in 2024 claimed more than $90 million in ...