Budget 2026: Nirmala Sitharaman presented her ninth consecutive Budget on 1 February, Sunday. During her around ...

Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small ...

Whether you need to file a federal income tax return this year depends on several factors: how much you earned, source of ...

If you've recently gone into business for yourself, don't miss these sometimes overlooked credits and tax deductions for the self-employed.

What are the IRS income tax filing requirements for retirees this tax season?

The Union Budget 2026 has delivered long-awaited clarity for millions of taxpayers by removing confusion around income tax return (ITR) filing deadlines. In her budget speech on February 1, 2026, ...

Dear Savvy Senior, What are the IRS income tax filing requirements for retirees this tax season? I didn’t file a tax return ...

Explains why U.S. citizens and resident aliens must report global income and how exclusions apply. The key takeaway is that living abroad does not remove U.S. filing ...

A new tax deduction for tip income is available for 2025 federal income tax returns. Learn the new form to file, who ...

The Tribunal held that late filing of Form 10DA is a procedural lapse and cannot justify denial of deduction when substantive conditions of Section 80JJAA are fulfilled. Deduction was directed to be ...

Everyone knows the deadline for filing their income taxes is April 15th. But not everyone has to file. People whose adjusted ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty ...