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 ...
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 ...
Tax evasion crackdown: Haircuts to household spending - Low fund withdrawals on I-T dept's radar
According to the report, I-T officials are using data analytics to analyse bank account withdrawals. Small expenses such as groceries, haircuts, and shopping for clothes and shoes are also under ...
The Financial Express5h
Income Tax cracking down on individuals with low fund withdrawals, suspicious spending patterns: Report
The I-T department has asked for a detailed breakup of the low fund withdrawals which include how much was spent on cooking ...
Old Tax Regime vs New Tax Regime: How many times salaried taxpayers, business professionals can swap tax systems?
Salaried employees must declare their tax regime choice annually, while non-business income earners can switch between the ...
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Income Tax Notice: Income tax department is sending notices to these taxpayers, know the reason..
If the Income Tax Department finds any discrepancy related to the filed returns of the taxpayers, then the Income Tax ...
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 ...
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 ...
KTVZ10h
More than 3,400 Oregon taxpayers use Direct File Oregon in first month of tax preparation season
Through the first month of the 2025 tax season, more than 3,400 Oregon taxpayers have electronically filed their income tax ...
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Income Tax Department to Send Notices to 40,000 Taxpayers – Here’s Why
Key Highlights: ✅ 40,000 taxpayers under scrutiny for TDS irregularities ✅ Notices issued for non-compliance in FY 2022-23 & ...
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) ...
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 ...