India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act. Cryptocurrency traders in India may face significant tax ...

Tax season is underway. The IRS has debuted a new online tool to help taxpayers check the status of any refund they may be ...

And as people get started on their filings, the Internal Revenue Service (IRS) is urging taxpayers to get a closer look at an oft-overlooked — and potentially useful — tax credit.

Visit the tracker page on the IRS website and click the Check your refund button. Once directed to the Refund Status page, ...

February is here which means tax season is upon us. Starting last week, tax returns could be filed. Here's what you need to ...

If you think you need to file a return this year, maybe for the first time, you're likely wondering where to start.

Before filing, taxpayers should have their: Social Security numbers for everyone listed on the tax return. Tax forms such as ...

Tax season is a busy time not only for taxpayers and tax preparers, but also for fraudsters. Cybercriminals are getting more ...

President Trump signed an Executive Order deferring payroll tax in the wake of the COVID-19 pandemic and it impacted the take-home pay of certain individuals.

Joel A. Lee, director of the Virgin Islands Bureau of Internal Revenue, announced the implementation of VI Quick File, the Bureau’s online income tax filing portal, in a press release Friday.

Down payment amounts above $19,000 and received as a gift must be reported on a gift tax return by the person making the gift—not the beneficiary. But that doesn't mean the donor will pay taxes. "The ...