The Australian Taxation Office issued draft guidance on its global minimum tax implementation Wednesday, even as the OECD global corporate tax deal comes under increased pressure.

As income tax season kicks in, many taxpayers are left scratching their heads over one basic yet crucial question — Which ITR form should I file? Choosing the wrong form can lead to processing ...

To be able to file income tax under the old tax regime, you must opt out of the default regime. It is required for the taxpayers to submit Form 10-IEA to opt out of the default regime.

Experts said the addition of numerous tax breaks provides new ways for people to try to game the system while making it more difficult for everyday Americans to file their returns.

Now published under an open-source license, Direct File represents a victory for taxpayers, at least when it comes to simplifying the tax-filing process.

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes deducted from your salary and deposited with the Income Tax Department.

New ITR Forms FY 2024-25 Meanwhile, the Income Tax Department has notified all seven ITR forms for AY 2025–26, incorporating structural updates and simplifications.

Check out THESE easy alternative documents The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31.

Tax-exempt organizations can quickly file Form 8868 through ExpressExtension by May 15 to get an automatic six-month extension and avoid IRS penalties. ROCK HILL, SC / ACCESS Newswire / May 13 ...

Amid reports the IRS may end its free Direct File program, more than 170 lawmakers are demanding it remains open.

Did you procrastinate on filing your taxes again this year? Are you wondering what time your returns are due? Here's what to know.

Still haven't filed your taxes for 2025? Not sure if you're getting a refund? You'll need to file soon — Tax Day is Tuesday.