The Foreign Tax Credit is a way to lessen your U.S. tax liability and offset income taxes paid to other countries. Find out ...

The tribunal held that penalty under Section 270A cannot be levied where the assessee voluntarily withdrew the education cess claim after a retrospective amendment. A bona fide claim made on ...

Reporting your digital asset income has changed this year. Learn how the new IRS rules will affect your tax filing and why ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

IRS deadline for key tax forms has passed, and businesses may face penalties for late, incorrect, or missing filings.

The IRS said it expects 164 million individual tax returns to be filed.

Do you know what a W-2 is? The IRS opening 2026 tax season later this month, and you will need your W-2 to start the ...

Tax Day is coming, and soon it will be time to begin gathering forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm. Some forms are ...

PHOENIX — Arizonans hoping to get a head start on preparing their 2025 income taxes could be in for a nasty surprise. The state Department of Revenue has published the forms for individuals as well as ...

The IRS will start accepting 2025 tax returns for the 2026 filing season on Jan. 26. Employers have until Jan. 31 to send out W-2 tax forms, but some have already made them available online. Trump's ...

If you're ready to file your 2025 income taxes (and receive your potential tax refund) early, here is the information and documentation you need. Peter is a writer and editor for the CNET How-To team.

Whether you file your taxes using online software or consult a tax professional, you need to get the right forms together. There are myriad permutations, but here is the most common information and ...