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Income Tax Return Deadline Clashes with Advance Tax Payment: Why Taxpayers May Face Bigger Challenges
If the advance tax payment is not deferred or penalties are not waived, taxpayers may still end up paying interest for no fault of their own, simply because the portal is not functioning properly.
Early-bird tax filers will be happy to know that the Internal Revenue Service will begin accepting and processing 2025 income tax returns on Monday, Jan. 26. Taxpayers are likely to be shocked to ...
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