Many taxpayers are confused about Form 10-IEA, which is required for opting in or out of the new tax regime, especially those with business income using ITR3 or ITR4. Missing the filing deadline ...

In a letter to the IRS, the AICPA said the changes align with an executive order mandating that all federal tax payments and ...

The final day to file your taxes if you received an extension ahead of the original April 15 "Tax Day" deadline is just six ...

Income tax outreach programme in Salem for error-free filing of financial transaction forms and e-verification scheme guidance.

The forms in question include the Form 1041, Instructions to Form 1041 and Schedules A, B, G, J, and K-1, as well as Form ...

The federal form, used to determine financial aid, will be available to the public on Oct. 1. Technical glitches that delayed the form for the past two years are said to have been resolved. By Ann ...

As the last date for filing Income Tax Returns (ITR) for FY 2024–25 draws near, taxpayers must carefully choose between the old tax regime and the new tax regime while filing their returns. However, ...

ITR filing 2025: As millions of taxpayers across India gear up for the approaching income tax return (ITR) filing deadline, which is 15 September, one of the most common questions among salaried ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return. The first day of tax season was Monday, January 27th, when the IRS officially ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

You can make the process of filing your income taxes less painful and time-consuming by filing online. The best tax-prep offerings have both free and paid tiers, as well as robust live and AI-powered ...