The ITAT Bangalore held that penalty under Section 271FAA cannot be imposed mechanically where delay in filing the correction statement of financial transactions (Form 61A) is caused by genuine ...

You need your adjusted gross income from last year's taxes to file your federal income tax return online in 2026.

U.S. taxpayers preparing to file returns for 2025 — deadline April 15, 2026 — have one fewer free option this year.

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who qualifies, and income limits.

The budget bill passed in July adds a new deduction for seniors that could eliminate taxes on social security for some.

The new, temporary senior deduction gives taxpayers 65 and older who fall within income limits the opportunity to deduct up ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Incorrect IRS Forms 1099 are a worry, since Forms 1099 generally ...

What are Trump Accounts? This guide explains new 530A child investment accounts, including eligibility, the $1,000 Treasury ...

The Trump administration pulled the plug on IRS Direct File, a pilot program allowing taxpayers to file federal tax returns for free. But there are still many no-cost filing options available, ...

An important initiative by the Election Commission of India is called the Special Intensive Revision (SIR) of electoral rolls in Tamil Nadu, which aims to bring the electoral rolls up to date prior to ...