Birmingham tax preparer Geta Barr was sentenced to 18 months in prison for preparing false tax returns for clients.

Excel Utilities of ITR-2 and ITR-3 for AY 2025-26 are now live and available for filing, informs the income tax department in ...

Salaried individuals will be required to file ITR forms for financial year 2024-25 and assessment year 2025-26. However, self ...

The Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto ...

Taxpayers filing ITR-2 and ITR-3 using Excel utilities can encounter errors leading to incorrect tax calculations and potential rejection of returns. Experts recommend downloading pre-filled JSON data ...

Enhanced reporting for deductions [80C,10 (13A)] etc.

The average fee for preparing Form 1040 with Schedule A to itemize personal deductions, and a state income tax return, was a flat fee of $323. The average fee for Form 1040 with the standard deduction ...

Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...

As inflation drives up the cost of almost everything, more Americans are turning to second jobs or weekend side gigs—whether ...