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Bakersfield tax preparer admits guilt in $25 million tax fraud scheme involving stolen identities and fake businesses, facing up to 10 years in prison and $250,000 fine.
The Income Tax Department is now cracking down on individuals and entities that facilitate fraudulent deductions and ...
While there is no official guarantee, early filing may offer certain advantages - particularly when the return is accurate ...
For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...
This is especially pertinent to states with high tax burdens, such as California, where the best tax relief services can make ...
India's Income Tax Refunds witnessed a nearly fivefold or 474% jump in the last 11 years to ₹4.77 lakh crore in 2024-25 due ...
Mumbai: The income tax department has unearthed a racket where certain income tax return preparers and intermediaries have ...
Speculation of a fourth stimulus check surfaced on social media and unverified websites, however, there has been no official ...
With the income tax filing season underway, taxpayers should take note that the average number of days for processing of refunds has come down significantly over the years, even as the value of ...
Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could ...