Missing the income tax deadline or failing to pay can have costly consequences
Taxpayers can face penalties from the IRS and the state of Illinois if they file their tax return late or fail to pay any ...
Colorado Department of Revenue announces income taxes now processing, new online tool
After a delay pause in processing tax returns, leaving many returns pending, the Colorado Department of Revenue said it's now ...
IRS Agents Are Best Used In Tax Enforcement, Not Immigration
President Trump and his administration are moving quickly to fulfill their promise to carry out mass deportations. Using IRS ...
Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department
The Income Tax Department is set to launch a nationwide action against nearly 40,000 taxpayers who have failed to deposit ...
1,400+ Oregonians using direct file in opening weeks of tax season
Through the first month of the 2025 tax season over 3,400 Oregonians have filed their income taxes electronically, with more ...
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As of Feb. 14, the IRS received about 5% fewer individual returns compared to about the same point last season, according to ...
Bill to end Missouri sales tax on groceries draws resistance from local governments
The bill's sponsor says ending the tax is a matter of fairness, while cities point to lost revenue needed for police and ...
Income Tax Department Cracks Down On TDS, TCS Defaulters; Identifies 40,000 Cases
The Income Tax Department has launched a crackdown on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...
Karnataka: Income Tax Department Raids Prestige Group’s Bengaluru Offices For Alleged Tax Evasion
Tax officials from Delhi, Goa, and Bengaluru raided Prestige Estate Projects Ltd's head office on Brunton Road, its ...
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Residential Status of An Assessee in Income Tax Act, 1961
The Income Tax Department’s methods for levying, managing, collecting, and recovering taxes are governed by the Income Tax Act of 1961. With effect from April 1, 1962, it consists of 23 chapters, 298 ...
1,400+ Oregonians using direct file in opening weeks of tax season, as Oregon IRS offices set to close
Through the first month of the 2025 tax season over 3,400 Oregonians have filed their income taxes electronically, with more than 1,400 of them having filed state taxes using Direct File Oregon (DFO), ...
Colorado now processing income tax returns from third-party services
After a delay, the Colorado Department of Revenue began processing income tax returns from third-party services on Friday.