Millions of Americans file taxes, even though they may not owe anything. Here are the requirements and other good things to ...

Sometimes a limited liability company, or LLC, has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become ...

Oct. 15 is the tax filing deadline for people who requested an extension Written By Written by Contributor, Buy Side E. Napoletano is a contributor to Buy Side and an expert on student loans, taxes ...

Federal taxes and the IRS are enough to worry about -- but most Americans must also remember to pay state taxes. Despite that, there is a bit of relief. A dozen states cut their income tax rates for ...

The Trump Administration announced it is ending the IRS’s free tax filing program, Direct File, even though independent groups deemed it a success and users across the political spectrum ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

Not everyone is required to file a tax return, but the consequences of not filing when you should are harsh, so it’s best to know what your situation requires. The IRS has specific rules that dictate ...

Every year, Americans spend upwards of $11 billion on tax-preparation services. For most taxpayers, that's money down the drain. So with this year's tax filing deadline arriving on Tuesday, it's worth ...

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.

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, ...