The issue was whether a deductor can be treated as in default for non-deposit of TDS when the payee has already paid tax on the income. ITAT held that no demand under Section 201(1) survives once the ...
Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...
The new year means tax season is upon us. Here's what you need to know about filing taxes in 2026, including deadlines, ...
Many taxpayers are taking to social media with the same concern: months after filing their Income Tax Returns (ITRs), refunds ...
Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...
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