Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...

Many taxpayers want the permanent extension of ITR filing deadlines to get more time to meet the compliance laws. The ...

Adv. Sachin P. Kumar successfully represented his client in Foreign Tax Credit dispute before the Income Tax Appellate ...

The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...

Don’t wait for the tax season to be in full swing—start working on your U.S. expat tax return now and get a head start.

In 2025, the IRS increased several key tax credits, providing taxpayers with greater opportunities to save. Whether you’re a ...

The Earned Income Tax Credit is a federal tax benefit for workers with low or moderate incomes, regardless of whether they ...

There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...