The third advance tax instalment is due today, December 15. For many taxpayers, missing this deadline could mean mandatory ...

In a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found ...

The standard deduction has been super-sized for seniors. Starting with 2025 federal returns (filed in 2026), taxpayers 65 and older can claim an additional $6,000 without itemizing, thanks to tax ...