For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...

The new Act retains existing TDS rates and thresholds while reorganising provisions. It prioritises simplification and ...

Whether you need to file a federal tax return for the 2025-2026 tax year depends mainly on your income, filing status, and age. In general, you’re required to file if your gross income exceeds the IRS ...

Form 130 becomes the new TDS certificate from April 2026 under the 2025 Act. The key takeaway is that the format changes, but the core purpose remains the ...

Americans should take the next couple of weeks to get their tax documents in order if they want to be among the first to file their taxes (and get their refunds) when tax season opens on January 26, ...

The 2026 tax season began on Monday, January 26, with a filing deadline of Wednesday, April 15. Most refunds are issued within 21 days for electronic filings with direct deposit, while mailed returns ...