Download your free issue of The Kiplinger Tax Letter today. No information is required from you. The IRS process to correct the 2020 tax returns has been ongoing for a more than a year and some ...

If you're entitled to a refund, the IRS will directly deposit it into your bank account if you provided the necessary bank account information on your 2020 tax return. If valid bank account ...

Applying these rules, it may appear that that tax relief is not possible for 2020, because 2020 tax returns were due to be filed in 2021, so the three-year statute of limitations for claiming a ...

Remember, an extension of time to file is not an extension to pay taxes you owe. Check with your state Department of Revenue for the most up-to-date information about key deadlines. Taxpayers ...

Opinions expressed by Forbes Contributors are their own. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The last decade has seen many large and destructive wildfires in California.

Hero MotoCorp Ltd has been slapped with an additional tax demand of ₹26.40 crore for the assessment year 2020-21. The order ...

India may reduce income tax for individuals earning up to Rs 15 lakh annually in the upcoming budget to support the middle class and drive consumption. This potential change, under the 2020 tax ...