The Internal Revenue Service (IRS) is in the process of issuing tax refunds to those who filed their returns last month ...

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 ...

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 Income Tax Department has released excel utilities for ITR-2 and ITR-3, enabling taxpayers with capital gains and crypto income to file returns for AY 2025-26 by September 15, 2025. Key changes ...

Thomson Reuters debuted two agentic AI offerings that are aimed at improving tax and advisory workflows: Ready to Advise and ...

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 ...

The article discusses a recent decision of the Tax Court that disallows, under the judicially created public policy doctrine, ...

First-time income tax filers often make easily avoidable mistakes that can lead to refund delays or scrutiny. Common errors ...

Seamless Filing Experience with TaxZerone TaxZerone is now accepting Form 2290 returns for the 2025–2026 tax period.