Discover who must file Form 1040 or 1040-SR in 2025, key deductions, and credits. Learn filing deadlines, penalties, and electronic options for accurate tax ...

ITR Filing: After filing and submitting the income tax returns (ITR), many taxpayers wait for their income tax refunds, especially when they paid more income tax than required. Around 10 days have ...

Income Tax audit deadline extension: The deadline to submit an income tax audit for audit reports for the year 2024-25 has been extended to October 31, 2025, from the previous deadline of September 30 ...

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

In this week's Ask the Editor Q&A, Joy Taylor answers more questions about the use of qualified charitable distributions ...

The ITR (income tax return) filing season ended on September 16 without giving more extension to the deadline. The ITR AY 2025-26 saw basically two extensions – 46 days from August 1 to September 15, ...

The income tax return (ITR) filing for non-audit taxpayers for the financial year 2024-25 (assessment year 2025-26) concluded on September 15, 2025 after an extension of 45 days. The cutoff date ...

Rachel Reeves, the Chancellor, pictured going for a run on Wednesday, has few options to restore confidence in her economic management - Jeremy Selwyn Rachel Reeves is under growing pressure to break ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates ...

In a statement, the Central Board of Direct Taxes (CBDT) said the income tax return filing portal is working smoothly and more than 7.57 crore ITRs have been filed till September 23, 2025. Till ...