Americans are seeing bigger refund checks this spring.

An Uber Eats driver said the 'no tax on tips' deduction gave him a 20% larger refund, as Speaker Mike Johnson spotlighted the ...

ITAT remanded the case as authorities failed to determine whether the assessee was a society, trust, or other entity. The eligibility for deduction was not properly examined. The ruling highlights the ...

A new tax deduction on overtime pay is wildly popular, according to the Treasury. And many Democrats, who detested the GOP’s ...

ITAT held that revision under Section 263 cannot be invoked when the Assessing Officer has already examined the issue. The ...

Here's what to know about filing your 2025 tax returns with two weeks left until they're due to the IRS and Colorado Department of Revenue.

This update surveys recent federal tax developments involving individuals, including court cases, rulings, and guidance issued during the six months ending October 2025.

Many seniors miss a key medical deduction before filing. Learn how the 7.5% rule works and how healthcare costs could reduce ...

Anything that affects your business — from revenue and expenses to payroll and insurance — can impact your tax situation.

Here are five tax credits and deductions that can help maximize your tax savings or your refund, regardless of your income bracket.

With the rollout of the Income-tax Rules, 2026 alongside the broader framework under I-T Act 2025, taxpayers must reassess ...

With just hours left before the financial year closes, tax planning becomes urgent. The good news is that some easy ...