Filed ITR-1 or ITR-4 but now can’t find schedule foreign assets' information in revised form, here’s what you should do

Many taxpayers face issues with missing foreign asset and income details in revised Income Tax Returns. If a taxpayer has any ...

Fired employee gets Rs 26 lakh severance pay, but didn't pay income tax; loses tax battle in ITAT Hyderabad for this key reason

In a landmark decision on November 19, 2025, the ITAT Hyderabad ruled that severance packages is to be classified as taxable ...

Tax return issues and delays 2025: Some common ITR filing errors and how to fix them

Tax returns this year have caused a state of confusion. The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ...
The Hill

Changes are coming for tax filing season 2026: What to know

(NEXSTAR) – After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes. “Taking action before the end of this year can be ...
News24

Income Tax refund delayed despite timely filing? here’s how to get your refund faster

Returns with deductions that lack adequate supporting documents, or refund amounts not matching the reported income, in ...
CNBC

Do you qualify for the new $6,000 senior tax deduction?

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 ...
CNBC

Is Social Security taxed? Changes for 2026 could impact your benefits

Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...