With the extended deadline of Sept. 15 to file Income Tax Returns (ITR) for Assessment Year 2025-26 ending today, taxpayers and chartered accountants are continuing to urge the government for a ...

If your net income tax liability is lower than the total income tax paid, you are eligible for a tax refund in most cases. In some cases, the tax department adjusts current years’ tax refund with past ...

Want to file your 2025 federal income taxes early as possible? Jackson Hewitt advises you take that approach, as more than 31% of tax filers admit to procrastinate filing taxes, according to ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...