The Treasury Department said in an October report to Congress that participation in the Direct File program was low and the ...

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 ...

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

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

The budget, should it pass the confidence vote the week of Nov. 17, will touch almost every taxpayer, and steers clear of ...

A new federal change is reshaping how online payments are reported to the IRS, bringing long-awaited relief to digital ...

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

Tax policy experts say that while this year’s budget has 'not a lot for the average person' in terms of tax policy, some ...

Tracking the uptake of federal benefits would better serve low-income Canadians and lift more people above the poverty line ...

Explains the correct process for claiming past ITC using GSTR-2B data and filing within the annual return deadline. Key takeaway: claim only reflected ITC to avoid variance notices and defer unmatched ...

AY 2025-26 can be filed till December 31 2025. Tax expert explains ITR-U helps correct errors but cannot reduce tax or claim refunds.

Unscrupulous tax preparers can promise the world, but they will often leave you with problems that can take months or even ...