The Income Tax Department has extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024–25. Instead of the usual July 31, taxpayers now have time until September 15, 2025 ...

As the new financial year rolls in, the season for Income Tax Return (ITR) filing has officially begun. While most salaried individuals and business owners are busy calculating their taxes, not ...

Taxpayers should review their filing status if they experienced a major life event like marriage or divorce in 2025. Consider "bunching" deductions, such as charitable donations or state tax payments, ...

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 ...

Income brackets and the standard deduction will increase slightly for the 2026 tax year, the Internal Revenue Service announced Thursday. Tax brackets will rise by about 4% for lower-income ranges and ...

The new year has just begun and income tax deadlines are months away, but there's one thing to start considering now. Many new and existing federal tax credits and deductions have income limits, and ...

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...