While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...

Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.

Tax filing season is here. The Internal Revenue Service is now accepting and processing federal tax returns. Taxpayers have until Tax Day, April 15, to submit returns for tax year 2024. The IRS ...

Tax season is officially underway, as the Internal Revenue Service started processing returns Monday. The agency expects more than 140 million individual tax returns for tax year 2024 to be filed ...

The Internal Revenue Service announced in early January that it would start receiving tax returns on Monday for the 2025 tax season. Taxpayers in 25 states will be able to file directly with the IRS ...

While we all love the idea of a big tax refund in the spring, sometimes you need those funds sooner. That's where a tax refund loan comes in. But while these loans can get you early access to ...