Filing Income Tax Return (ITR) by salaried taxpayers Form 16: It is a TDS certificate issued by an employer to an employee. It is proof that the employer deposited the tax with the tax authorities.

Three of the most important reports all taxpayers should know about are Form 16, the Annual Information Statement (AIS), and Form 26AS. What they are and how they assist you during tax season follows.

FINAL THOUGHTS If your justification for a tax position on Form 1065 has ever been, “ The IRS will never find it, ” stop. The IRS very publicly resolved to change the perception and reality of ...

Boston Mayor Michelle Wu banked more than $184,000 last year, nearly all of which came from her $207,000 mayoral salary, according to the 2024 tax return she released this week through her campaign.

Income Tax Department has simplified how taxpayers will file ITR returns. For the assessment year 2025-26, the forms ITR-1 (Sahaj) and ITR-4 (Sugam) are here, and they come with a game-changing tweak ...

Stock image/file photo: A Form 1040 is seen. GETTY Additional Forms Some filers may need to fill out supplemental tax 1040 forms depending on their tax situation. There are several schedules that ...

When is Tax Day 2025? Tax day this year is Tuesday, April 15, 2025. When is deadline to file income tax forms in 2025? The deadline for paying taxes is midnight on April 15 in the time zone you're in.

AP Photo/Jon Elswick According to the IRS, most business entities that file Forms 1065, 1120, 1120S, 1041, 990-T, and certain other information returns can use this extension request.

March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ExpressExtension, a secure and easy e-filing service. ROCK HILL, SC / ACCESS ...

March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ExpressExtension, a secure and easy e-filing service. ROCK HILL, SC / ACCESS ...