Organizations and individuals that pay you money — whether a company, a financial institution, or a person who hires you as contractor — typically must report how much they paid you to the IRS.

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work. Many, or all, of the products ...

Once return is processed, refund is due to the taxpayer however there is no specific time limit for issue of refund ...

The Income-Tax Department has notified forms for filing I-T returns by individuals as well as businesses for 2022-23 fiscal year, reported Press Trust of India. The Central Board of Direct Taxes (CBDT ...

The delayed submission of this years ITR Form (Income Tax Return) has raised concerns among taxpayers. The governments recent ...

Taxpayers who have identified errors in their income tax returns for the 2024-25 financial year can still file a revised ITR ...