Many taxpayers remain unaware that they have received an income tax notice until it’s too late. Missing a tax notice can lead to penalties, interest charges, or even legal action. Whether the notice ...

The Tax Cuts and Jobs Act (TCJA) reduced the average amount of personal income taxes paid by filers in every income bracket, ...

If you are one among those who are a little worried about the new New Income Tax Bill, here is good ... lower than 5.12 lakh in the I-T Act. The number of Sections is 536, as against 819 effective ...

You may feel even better if you get an income-tax deduction for your contribution ... If your itemized deductions are less than those numbers, you’d take the standard deduction rather than ...