Tracking your state tax refund can be a lot harder than your federal tax refund. If you’re like most Americans, you live in a ...

Deductions available under new tax regime The new tax regime was introduced in FY 2020-21 to offer lower tax rates to taxpayers, however, without any common deductions and exemptions. Over the years, ...

If you can't wait that long, H&R Block offers a no-interest tax refund advance loan that ... The IRS updates information daily (usually overnight), so you may need to check several times for ...

The High Court ruled that the reassessment notice was unjustified as the AO did not conduct the necessary verification before issuing it. The court emphasized that tax authorities must verify ...

The number of applications taking longer than 12 months rose by 134% between 2020 and 2023, according to a Freedom of ...

2.0% in 2020, and 1.8% over the longer run. Real GDP data for the years after the TCJA show the following growth rates: The TCJA cut the corporate tax rate to benefit shareholders, who tend to be ...

Remember, an extension of time to file is not an extension to pay taxes you owe. Check with your state Department of Revenue for the most up-to-date information about key deadlines. Taxpayers ...

The new tax regime, introduced in 2020, was designed with the millennial workforce in mind — offering simplicity and lower tax rates without the need for numerous deductions. With the latest increase ...

The Union Budget 2025, announced on February 1, did not include any updates or reductions in virtual digital asset (VDA) taxes, disappointing the crypto industry, which has seen trading volumes ...

The IRS' free online program Direct File is now open for business and accepting tax returns. Here's what to know.

At any time after the initial W-4 setup, you can update your W-4 online via Employee Self Service in my.SMU.edu to change your federal income tax withholding. The Form W-4 is divided into five "steps" ...