Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD to buy a Tesla TSLA and to buy or pay for lots of other things.

The government has notified Income Tax Return (ITR) forms for Financial Year 2025–26, effective from 1 April 2026, with certain updates to the old forms. The new Income Tax Act also took effect on 1 ...

New Income Tax Forms 2026: From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 replaces Forms 15G and 15H, creating a single ...

From April 1, 2026, a host of income tax changes will come into effect under the new Income Tax Act, 2025. Among these, the introduction of Form 121 stands out as a key reform for senior citizens, ...

Tax filing in India to change from April 1, with changes to income tax rules coming into effect Form 130 will replace Form 16 as the new TDS certificate for salaried employees and pensioners ITR forms ...

The IRS issued new instructions in March clarifying the tip deduction limit for self-employed individuals. Married couples must share a single $25,000 limit on the qualified tip income deduction, not ...

Four new tax deductions are available on federal returns for eligible taxpayers whether they itemize deductions, such as claiming mortgage interest, or claim the standard deduction. All four big tax ...

The One Big Beautiful Bill Act changed the tax rules. Seniors are entitled to a new additional deduction worth up to $6,000 per person. This tax relief was touted as fulfilling the "no tax on Social ...

The Income Tax Department has introduced a major overhaul in form numbering under the Income Tax Rules 2026, replacing several commonly used forms that were earlier prescribed under the Income Tax Act ...

When you amend a federal tax return, you can correct mistakes or errors made on your original one. Here’s what you need to know about the process, including when to file, what documents you’ll need, ...

According to recent IRS data, the average refund is $3,804, a 10% increase from the same week last year. And most taxpayers are e-filing (41,377,000 e-filers so far). It seems everything is online ...

Over 63 million Americans provide unpaid care for a child, aging parent, spouse, or disabled family member, and more than a third report financial hardship as a result. Yet, every year, millions of ...