For the Assessment Year (AY) 2024-25, filing your Income Tax Return (ITR) is compulsory if your income exceeds the basic exemption limit. The Income Tax Department has extended the last date to file ...

While Americans celebrate the New Year and return to work, it’s easy to forget what comes after the holiday season: tax season. Tax Day is still months away, but filing early could mean getting your ...

For federal income tax purposes, your marital status is determined under state law as of the last day of the calendar year. That matters when choosing your filing status. Your filing status is one of ...

Tax season opened this year on January 26, 2026, and the IRS expects to process more than 164 million individual tax returns for the 2025 tax year. But not everyone is rushing to file, and not ...

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...