This easy tax filing system, which was previously provided through the IRS, will no longer be available to filers in 2026 ...
Taxpayers in 25 states will need to find a new way to file their taxes in 2026 as the IRS has shut down the free Direct File ...
The new program, Direct File, helped low- and moderate-income taxpayers file their returns more easily, and had been ...
The IRS cited low usage and high costs as reasons for shuttering the program, which began during the previous administration.
IRS Commissioner Bill Long—who Trump later fired—also indicated that the Direct File program had been scuttled. "You’ve hea ...
Learn when and how a dependent child would be required to file a tax return for income they’ve earned. Minor dependents are required to file their own income tax return when their earned income equals ...
Mandatory filing of a tax return is based on gross income for the year. There are numerous reasons to file a return for a taxpayer — even when filing of the return is not mandatory. Failure to file ...
Every year I have potential new clients reach out who have not filed income taxes for several years. For some reason they have come to the realization that they need to get caught up and to get this ...
If the Income Tax Return (ITR) is not filed within the due date, a person may have to pay a late fee up to ₹5,000 and also interest on unpaid tax. More importantly, business losses or the capital ...