Freelancers often overlook that tax rules apply even to small or irregular income streams. Understanding turnover limits, ...

Key Points ・You usually have up to 3 years to amend your tax return to fix errors. ・Use Form 1040-X to report the changes to the IRS. ・You must include any forms that changed (W-2, 1099, 1098-T). You ...

While filing season has closed for most taxpayers, entrepreneurs, freelancers, landlords and many others still have a few ...

Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...

When your financial life involves more than one country, taxes can get complex. This is true for expats, dual citizens, ...

Income Tax: Did you miss out on something when filing the income tax return (ITR) for AY 2025-26? If that is the case, you can file an updated return. For those who are not aware, an updated income ...

The Gujarat High Court quashed CBDT’s rejection and condoned delay in Sysco Industries’ income tax return filing, holding that insolvency and fire caused genuine ...

A new report from the tax agency that was requested by congressional Republicans said that dropping Direct File “is in the ...

The Tribunal held that the assessee’s income tax return for AY 2013-14 was filed within the permissible time under Section 139. Therefore, the penalty of ₹5,000 imposed under Section 271F was ...

The new program, Direct File, helped low- and moderate-income taxpayers file their returns more easily, and had been ...

Waiting endlessly for your tax refund can test anyone’s patience. The silver lining? The government compensates you with ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI ...