Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...
The deadline to file taxes for those with federal extensions hits this week. Here's how the government shutdown affects it.
Not everyone is required to file a tax return, but the consequences of not filing when you should are harsh, so it’s best to know what your situation requires. The IRS has specific rules that dictate ...
The IRS touted big enhancements to Direct File this year, and with the tax deadline so close, it might be the best option for you. Thomas Kika Former Writer Thomas is a native of upstate New York and ...
If you're still scrambling to get your taxes filed before the April 15 deadline, an extension can take the pressure off. Normally, the IRS recommends that people file their income tax return as early ...
Understanding late return. A belated return is a late filing of the tax return under section 139(4) of the Income-tax Act. It gives a chance to taxpayers to declare income, allow ...
Federal taxes and the IRS are enough to worry about -- but most Americans must also remember to pay state taxes. Despite that, there is a bit of relief. A dozen states cut their income tax rates for ...
Taxpayers who earn income from salary, capital gains, or have invested in unlisted equity shares, need to file their Income Tax Return using the ITR-2 form. For the Assessment Year 2025-26 (FY 2024-25 ...
The deadline to file  Income Tax returns is winding down for most taxpayers — with many likely to incur fines after 15.
Taxpayers who filed their income tax returns are waiting for refunds post the September 16 deadline. The income tax department processes refunds within 7 to 21 working days, but verification issues ...