Before you start You must complete and file Schedule 11 with your Income Tax and Benefit Return, even if someone else paid your fees. If you are transferring an amount to a designated individual, only ...

Home Taxes The 2025 Estate Tax Exemption The IRS increased the exemption before the GOP tax bill dropped. Find out how the plan could permanently change the threshold for estate taxes.

Navigating annual tax changes can feel complex sometimes. Understanding them is crucial for informed financial choices to be ...

Tax filing season begins for the financial year 2024-25, and the assessment year 2025-26 has officially commenced, with salaried employees in India having received their Form 16 documentation. There ...

As income tax return (ITR) filing season is going on, eligible social media influencers are also liable to pay their taxes. If they don't file their ITR, they may have to go through income tax (I-T) ...

Self-attested copy of the Tax Residency Certificate (TRC) for the relevant period (e.g., April 1, 2025, to March 31, 2026, or January 1, 2025, to December 31, 2025), obtained from the tax ...

The Rs 26 Lakh Income Tax Notice Unaware of the buyer’s error, the NRI calculated his actual capital gains tax liability at Rs 1.91 lakh and paid this as advance tax. However, due to the missing TDS ...

Form 16 is a statutory TDS certificate issued under Section 203 of the Income Tax Act, 1961. It outlines the total salary paid by the employer and tax deducted at source (TDS) during the financial ...

As the income tax filing season approaches, salaried individuals in India prepare to submit their returns, with Form 16 playing an essential role in the process. Issued by employers, Form 16 certifies ...

Tax Return Analysis Report – Reveals tax-saving opportunities in tax returns for individuals (1040) and businesses (Schedule C, E, F, 1120, 1120S, 1065). Tax Plan Report – Provides a real-time ...

ITR Filing 2025: The Income Tax Return (ITR) filing season is underway following the reinstatement of form utilities. Salaried taxpayers are advised to await their Form 16 or Form 16A, the Tax ...