By Rep. Gus Bilirakis For too long, tax season has been synonymous with confusion, stress, and wasted time. Families bra ...
There was not much for the people to cheer about on the direct tax front, but then a lot has already been done ...
Presenting the Union Budget 2026–27 in the Lok Sabha, FM Sitharaman said all direct tax changes proposed in the Budget would ...
The Income Tax Act, 2025 will come into force from April 1, Finance Minister Nirmala Sitharaman said. It will replace the six ...
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IRS transcript codes and WMR reference codes
Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see during tax season are what the various reference codes mean on the IRS ...
While large scale changes in tax rates are unlikely, the markets will look at some smart tweaking of tax rates ...
The IRS claims you should receive your tax refund 3 weeks after filing your tax return, but here's how to figure out exactly ...
In FY26, net direct tax collections logged a steady growth rising to Rs 18.37 lakh crore by January 11, 2026, data show.
TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...
Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...
This is the time for Coloradans to ask themselves, ‘How much do we care about our kids?’ And to figure out what we need to do ...
IRS Direct File, which was offered in 25 states last year, has been discontinued. But one very-much underused, free program remains for 2026.
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