While filing ITR-1 and ITR-4, taxpayers can now file returns even with long term capital gains under sections 112A (up to ...

Notable updates include simplified reporting for small capital gains, relaxed asset disclosure requirements, and detailed ...

From higher thresholds for asset disclosure to updated capital gains reporting, changes have been brought about to provide ...

The income tax department has notified the ITR forms for the FY 2024-25 (AY 2025-26). The utilities to file the tax return ...

Those changes are part of the Trump ... representatives asking President Trump to "immediately end the IRS' unlawful Direct File pilot program upon taking office in January," according to a ...

When the IRS announced its plan to develop Direct File - the federal government's first-ever free online tax filing tool - in ...

Despite the coordinated opposition, Direct File entered its second tax season with 25 states participating ... we’ve got to get our systems in place in order to manage all the changes that are ...

Reports of the IRS Direct File's death may not have been exaggerated after all. The agency's free program for filing electronic tax returns may be the latest victim of the Trump administration's ...

The NC Department of Revenue said the agency’s printing partner unexpectedly ceased operations. Here’s how this impacts your ...

Four Senate Republicans are seeking answers about a Biden-era Internal Revenue Service (IRS) compliance unit, citing concerns ...