Finance Minister Nirmala Sitharaman announced that no income tax will be due for those with annual income up to Rs 12 lakh, ...

The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.

The "Where is my refund?" tool is an IRS tracking system for filers to get updates on the status of their tax refund. Those looking to keep an eye on their money can log in online or via the IRS2Go ...

The IRS provides multiple ways to update your address, but the most reliable method is by filing Form 8822, Change of Address ...

More than 10 million people file their taxes for free each year through TurboTax, which is owned by Intuit. Right now, there are two main ways folks can use TurboTax to do their t ...

The all-important W-2 tax form is provided by employers to employees who earned at least $600 in cash or non-cash payments in the prior calendar year.

To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...

For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become inactive without being formally dissolved. However, even if an inactive LLC has no income ...

Americans should be worried if they receive a tax refund which is over $1,000, a tax expert has warned. That is because it ...

As tax season approaches, accessing your Social Security Benefit Statement has never been easier. We tell you how.

If you are a West Virginia resident doing your state tax return and in need of a tax credit number to claim your first-time vehicle tax rebate, that information is being mailed out now by the West ...

Taxpayers will receive a 1099-K from payment card companies, payment apps and online marketplaces when transactions during ...