May 7 is the federal enforcement date for a Real ID. You’ll need one to board planes and to access federal courthouses and ...

Do I need to file a tax return? It depends on your income, filing status and tax situation. Find out how much you need to ...

Now that the tax deadline has passed, you may be eagerly awaiting your refund. Many people receive their refunds within three weeks of filing, but some returns can take much longer to process.

You just found out that you’re getting a tax refund and are considering using it to make a lump-sum payment toward your credit card debt. Before you do ... you don’t need to save it all ...

Can you make that switch during ITR filing? Yes. As per current income tax rules, salaried individuals are allowed to change their tax regime at the time of filing their returns. This applies even ...

The general rule is that you should hold onto your tax returns and the supporting documentation until the statute of ...

Taxpayers can now file their returns ... Tax portal for assessment year 2025-26. Failure to submit the relevant form and declare your financial gains can incur legal repercussions — even if you ...

If you’re self-employed, you may want to reduce your quarterly tax payments. But if you do get a refund, here is what Schlesinger suggests you make an emergency reserve fund. "You want to have ...

You just need to submit Form 1040-X, which the IRS said you can do online or on paper. Most tax software programs will allow you to submit an amended return, and you are actually allowed to send ...