Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.

The rationale behind granting extensions is ostensibly to enhance tax compliance by accommodating genuine difficulties.

On the last date of income tax return filing 2025, lakhs of taxpayers are still trying to file their returns on the e-filing portal. But complaints of income tax e-filing portal glitches are ...

Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.