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In case of a genuine hardship, the taxpayer can file a condonation request under section 119(2)(b). If condonation request is ...

The Income Tax department has warned taxpayers who have not disclosed their foreign income and overseas assets to revise ...

Revised returns serve as a safety net for correcting inaccuracies in original or belated returns, such as omitted income, ...

March 16, 2026: Tax returns are due for partnerships and S corporations that follow the calendar year. If your business ...

If you are a nonresident tax filer and had no US-sourced income during the previous calendar year, you only need to complete ...

Holding CRF in tax-advantaged accounts allows investors to maximize DRIP gains and manage capital gains efficiently around ...

The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change ...

The bipartisan measure, co-authored in the Senate by Elizabeth Warren and approved by President Donald Trump, clears numerous ...

Guam residents who have received notices from the Internal Revenue Service, indicating that they either owe federal taxes or have not filed their individual income tax return, should go to ...

Karoline Leavitt said Adm. Mitch Bradley made the order for the second strike. Both chambers of Congress return to Washington ...