From the Child Tax Credit to retirement savings deductions, taxpayers can leverage various IRS benefits to significantly ...

Income-tax returns: Want to clear your taxes online? Here are the tax payment modes under e‑Pay Tax, explained. We explain ...

In order to receive a refund or abatement (reduction or elimination of a fee to be paid), taxpayers need to file a claim by the deadline of July 10, according to a recent blog post on the IRS' ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Lea Uradu, J.D., is a Maryland state registered tax preparer, state ...

Taxpayers may need to furnish additional details on donations, business expenses, investments and revised returns as the ...

Scrutiny assessment is a detailed verification process in which the Income Tax Department examines a taxpayer's return, ...

Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.

Income Tax Department launches online challan correction on e-Filing portal, letting PAN holders fix key tax payment errors ...