Here's what to know about income tax ahead of tax season, including what it is, how it works, how to calculate it and which ...

Explore the legal and technical hurdles in filing Updated Returns under Section 139(8A), including Excel utility dependencies and procedural ...

How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...

Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois. That brings the number of flat-tax states to 14, with a ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

U.S. federal income tax has progressive brackets ranging from 10% to 37%. Tax deductions and credits can significantly lower taxable income and tax owed. Understanding adjusted, taxable incomes, and ...

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

When Andrew Grigolyunovich first started using Excel more than two decades ago, he never imagined the spreadsheet program would land him in Las Vegas or on ESPN. The Latvian financial consultant ...

Here we will go through how Excel is structured, where you will find important and smart functions, and various peculiarities you should know. In short, we’ll show you how to make the program work for ...

A new COPILOT function in Excel lets you use AI in a formula. The new skill is now available to Microsoft 365 insiders. Reduces some of the complexity involved in creating formulas. Get more in-depth ...

The Income Tax Department has released the Excel utilities for ITR-2 and ITR-3 for Assessment Year 2025-26. Thus enabling taxpayers with capital gains, crypto earnings, foreign assets along with ...