Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

By taking a few intentional steps in January, you can smooth out your tax burden, reduce errors and make the 2026 filing ...

Here's what experts suggest taxpayers can do ahead of the 31 December 2025, if they miss the revised or belated ITR deadline.

Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...

Get ahead of the tax season crunch by collecting these tax documents throughout the year. Here's what you need to keep an eye out for.

Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...

Tax season is upon us, and the IRS is offering advice and recommendations to expedite the process. The 2026 tax return will ...

Workers should know about limits on these rules, and employers should be prepared to provide information on tipped wages and ...

Notice 2025-68 provides some parameters with respect to their establishment, operation and reporting requirements.

If you work as an employee, you’ll encounter two forms in the course of your employment: Forms W-2 and W-4. Your W-2 will ...

Millions of Americans who file their own returns have long learned about tax math mistakes only after the Internal Revenue ...