News

The 2024 tax season is almost at the finish line: The deadline for most people to file their federal tax returns is April 15, 2025. Taxpayers in areas impacted by FEMA-designated natural disasters ...
Those impacted by the wildfires in California, for example, have been given until ... TurboTax's basic edition accepts Form 1040 and limited tax credits. The company claims 37% of filers are ...
For example, this rate is ... You must submit the completed form to your tax department. What is the income to be declared in 2024 in case of return to France? You must declare total income ...
The income tax department has not yet notified the income tax return forms. As the one month is about to pass, will the late ...
In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...
Pay Advance Tax, if Required – If the total tax liability exceeds Rs. 10,000 (after considering deductions and rebates), the ...
Even though the tax deadline has passed, there’s still one step you can take today to make tax management easier moving forward: creating an IRS online account. Whether you’re tracking refunds, ...
The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...
If the amount of TDS given in Form 16 and the information extracted by the Annual Income Statement do not match, then it can ...
Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their ...