According to the IRS, an audit is simply a review of your accounts "to ensure information is reported correctly according to ...
Be careful rushing through your taxes to get your refund faster. A mistake could bring you an audit instead. Here's how to ...
New Income Tax Bill 2025 LIVE Updates: Union Finance Minister Nirmala Sitharaman has presented the new Income-Tax Bill 2025 ...
"Weaponization" of IRS audits by a US President is a concern held by many. How likely is it? I asked legal experts and IRS ...
The legislation it refers to made various changes to the Internal Revenue Code that made it significantly easier for the IRS ...
The deadline for filing income tax is a critical factor in tax compliance for all taxpayers. Presently, there are varying ...
The New Income Tax Bill, 2025 set to take effect from April 1, 2026, represents a comprehensive overhaul of the existing tax framework. It consists of 536 clauses, 16 schedules, and 23 chapters, ...
Nirmala Sitharaman will table the new income tax bill in Lok Sabha on Thursday, February 12. Thereafter, it will be referred ...
"Self-employed taxpayers should prioritize compliance over inflated refunds," said the Head of Client Solutions at Clear Start Tax. "If you're unsure whether you qualify for a tax credit, it's best to ...
You still owe the IRS a previous year's return. You're being audited for a previous tax year. Your bank or credit union has not posted the refund. If you're claiming the Earned Income Tax Credit ...