Millions of taxpayers may be owed an IRS refund for penalties or interest charged during COVID. You'll have to act quickly if ...

ITAT held that delay in filing Form 9A cannot automatically result in denial of exemption under Section 11. The issue was ...

Discover voluntary compliance, where taxpayers commit to reporting income and paying taxes accurately, essential for effective tax collection and enforcement ...

An individual tax return is a government form that reports all income for the previous year and any taxes due on it.

The IRS began accepting and processing returns on Jan. 26. If you file your tax return on time, refunds can be processed ...

The Madras High Court quashed the rejection of a condonation application, holding that the delay in filing Form 10B had a reasonable explanation. The Court directed reconsideration of exemption under ...

Electronically filing your tax return and choosing direct deposit is the fastest way to get your refund. For issuing paper ...

Early tax filers are seeing larger refunds this year, but some may face delays. Find out what to expect from the IRS.

NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.

The good news? The average dollar amount of tax refunds issued so far is up. The rough patch? The IRS has processed far fewer returns in the first two weeks than a similar time frame a year ago. The ...

With bigger tax refunds expected this season, it can be tempting to file returns earlier than usual. But incomplete filings can raise flags for the IRS, delaying processing or even triggering an audit ...