The IRS Direct File program was eliminated for the 2026 tax filing season. However, there are still several free tax preparation software options for some filers.

Republican Sen. Ron Johnson (Wis.) said Sunday that he would prefer the Internal Revenue Service (IRS) undertake a “robust” investigation into the leak of President Trump’s tax returns, days after the ...

Finance Minister Nirmala Sitharaman tabled her ninth consecutive budget on Sunday and announced some changes for the tax slabs for the 2026-27 fiscal year (FY27). While Sitharaman announced no changed ...

The Tribunal held that dispatch records alone do not establish valid service of intimation under section 143(1). Rectification under section 154 must be considered on merits where service is ...

Union Budget 2026 introduces a new Income Tax Act effective April 1, 2026, offering major relief through simplified ...

Union Budget 2026 maintains the existing income tax framework, with the new regime offering tax-free income up to Rs 12 lakh for individuals. While the old regime continues with its deductions, the ...

( The Hill) — President Trump sued the Internal Revenue Service (IRS) on Thursday, seeking at least $10 billion in damages ...

The court dismisses a company’s complaint for failure to show it suffered a “concrete injury” from allegedly erroneous advice to claim the employee retention tax credit (ERTC).

Finance Minister Nirmala Sitharaman confirmed that the Income Tax Act, 2025 will officially replace the archaic 1961 Act starting April 1, 2026.

Union Budget 2026: Standard Deduction Raised to Rs 75,000, Basic Exemption Limit Remains the Same ...

Budget 2026: The old tax regime still offers key deductions like Section 80C and House Rent Allowance (HRA). Plus, the New ...

The court ruled that delayed filing of Form 10 for income accumulation cannot defeat exemption when substantive conditions are met. Rejection of condonation was held ...