“The thresholds for clawing back child benefit increased on 6 April 2024, which would have been welcome relief for many. But ...

Several new Texas laws take effect Jan. 1, 2026, affecting taxes, immigration enforcement and evictions. Here’s a breakdown.

In recent months, the income tax department has issued multiple notices highlighting mismatches between filed ITRs, Form 16, ...

Some of the common errors include reduced or exaggerated income, claiming excess deductions or exemptions, missing out on ...

Some sports legends have gone from the thrill of victory to the shock of financial ruin. Despite earning millions, these ...

December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this window shuts, taxpayers lose access to these relatively flexible options and ...

Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are ...

A revised income tax return (ITR) allows taxpayers to correct mistakes or omissions in a return that has already been filed.

The IRS announced updated inflation adjustments for the 2026 tax year, including new federal tax brackets and higher standard ...

The Child Tax Credit and the Additional Child Tax Credit can be a helpful moneysaver for parents and guardians.

Here’s a review of some of the most impactful pieces of legislation taking effect in 2026, affecting everything from salary ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and ...