The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
Direct File has ended. Americans who used the free tax-filing program will have to find a new option. Here are some ...
The Trump administration has decided not to offer the IRS' electronic tax filing system for free next year, and its future is ...
A new report from the tax agency that was requested by congressional Republicans said that dropping Direct File “is in the ...
IRS Direct File, free online tax-filing tool launched by Biden, won't be offered next year despite 296,531 users in 2025.
Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...