Tax dept won’t be able to re-open ITR…

Tax payers need not live in fear of their tax assessments being re-opened many years after they file their income tax return (ITR) anymore. The finance minister, in her budget speech, announced that the period…

IRS delays start of tax filing season to…

The Internal Revenue Service (IRS) building in Washington, D.C.Getty ImagesThe IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency.On that date, the…