The IRS reminds taxpayers that June 16 is the deadline for the second quarterly estimated tax payment for fiscal year 2025.

For U.S. citizens residing overseas, staying informed about tax obligations is crucial. Understanding key tax considerations ...

The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on taxes, according to the IRS. Estimated tax payments are typically owed for ...

Spreading your bill throughout the year is intended to make tax easier to pay, but if you're new to the system that first ...

Selling your longtime home and downsizing in retirement is a common practice for people entering their golden years. While ...

Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they ...

If you have multiple sources of income, diligently track, classify and reconcile them for taxes. Choose the correct ITR form, ...

The IRS requires a person to report your current gambling winnings on your federal income taxation. When you obtain a Form W-2G from a betting establishment, it can list your profits as well because ...

If you want to claim income tax (I-T) deductions which you are entitled to by virtue of investments in the tax-saving ...

On income tax portal, you can compute your tax payable by entering all the necessary figures such as total income earned, ...

Taxpayers should note that while HRA is an important component of one’s salary, deductions may not be claimed for the entire ...