TDS, TCS Changes In Budget 2025: Explaining Tweaks In Withholding Taxes, Personal Income Tax
The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...
Tax Guru1h
Interest on Refunds arising from excess Self-Assessment Tax and Delayed Refunds was allowable
17. In view of above, the assessee’s appeal with regard to the claim of additional interest on delay refund is partly allowed and revenue’s appeal is dismissed. 18. In the result, the appeal of the ...
As Tax Filing Season Kicks Off, Early Data Suggests A Slow Start
Early filing data suggests a slow start to the filing season, with a nearly 14% downturn in tax returns received compared to ...
Early tax refunds arriving now, but IRS saw far fewer returns filed in first week
IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does ...
The IRS has issued 3.2 million tax refunds this year. Here's the average payment
The IRS has issued 3.2 million refunds for the 2025 filing season so far. As of Jan. 31, the average refund amount was $1,928 ...
All About VITA, The IRS Program Assists Eligible Taxpayers With Free Tax Prep
The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...
Tax filing season opens Jan. 28
The Minnesota Department of Revenue will open the state individual income tax filing season Jan. 28. For Minnesotans’ benefit and convenience, this date matches the opening day for the ...
Business Insider16h
Jackson Hewitt Review
Jackson Hewitt offers two ways to hire a tax professional to prepare your return. You can drop off your income and tax ...
Covered Call ETFs And Taxes: What You Need To Know
Among the benefits that investors can hope to realize by utilizing ETFs within their portfolios, tax efficiency is one most ...
CNET18h
Be Sure to Claim All Your Tax Credits to Get the Largest Tax Refund Possible
Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...
Dude, where’s my refund? Here’s when you should receive your tax refund from the IRS
Most taxpayers can expect to receive their refund in a matter of weeks. We’ll show you how you can check up on the status of ...
Did you know the IRS taxes your bank account? Don’t get caught off guard
IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...