There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...

Kerala High Court held that recovery of tax arrears by income tax department from property that was already auctioned by Kerala General Sales Tax Act, 1963 [KGST] to realize tax payable under KGST is ...

If you are at least 65 or blind, you can claim an additional standard deduction benefit worth $1,950 for 2024. The extra deduction amount is doubled if you and your spouse meet that criteria. For ...

The Democratic leader also introduced a bill this session which would increase the state’s minimum wage from $7.25 an hour to ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Related: IRS extends deadlines for taxpayers impacted by L.A. wildfires In other business headlines, the IRS has some good ...

Any Kentuckians who don't get their tax returns filed by Feb. 26 will see a two-week delay getting them processed.

The IRS did not immediately respond to a request for comment. If you file your tax return electronically, the IRS says it should take 21 days or less to receive your refund. If you choose to ...

If you file your tax return electronically, the IRS says it should take 21 days or less to receive your refund. If you choose to receive your refund with direct deposit, it should take even less time.