December 31 is the final day to file both belated and revised income tax returns for Assessment Year 2025–26. Once this ...

The Income Tax Department has rolled out a major update on its e-filing portal, enabling taxpayers to submit rectification ...

While some of the best tax software programs offer a free tier, most will only process simple returns with standard deductions. If you're self-employed, own rental properties or investments or have to ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...