Republicans may steal Democrats’ thunder on one of their favorite issues: the Child Tax Credit. Lawmakers, including Senate Finance Chair Mike Crapo (R-Idaho), are eyeing an increase in the hugely ...

April is here and there still is a small amount of time to complete your tax returns. Many of you may have procrastinated ...

How much money could I get from the child tax credit? Under the current federal-level credit, you can receive up to $2,000 per dependent child under age 17 from the child tax cred ...

The clock is ticking to file your tax returns by the April 15 deadline. The IRS received more than 80 million tax returns ...

Senior citizens, defined as those over 60, can enjoy a basic exemption limit of Rs 3 lakh under the Income-Tax Act, 1961, ...

The errors occurred because unemployment insurance was sent through two different systems last year, the Oregon Employment ...

A total of 3.89 lakh taxpayers including all categories filed their returns for income of ₹one crore and above ...

Now for the circuit breaker credits, which cap tax bills at a percentage of gross assessed value. The caps are 1% for owner-occupied homes, 2% for rental housing and farmland, and 3% for everything ...

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

Most U.S. taxpayers must submit their 2024 federal income tax return by April 15, 2025. The IRS recommends e-filing for ...

As the leader of a statewide organization that advocates for a fair state tax code, I’m thrilled that state lawmakers have taken the bold step of proposing new forms of progressive revenue to address ...