Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any ...
Tax returns this year have caused a state of confusion. The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ...
Returns with deductions that lack adequate supporting documents, or refund amounts not matching the reported income, in ...
The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...