The Internal Revenue Service announced two major updates last week, extending tax relief for farmers and ranchers impacted by drought and launching a plan to phase out ...
The federal estate tax exemption increased again for 2025. Although the higher, IRS-inflation-adjusted number, announced last fall, may not have come as a surprise to most. However, 2025 is a pivotal ...
As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.
Residents of North Carolina have until Thursday to file and pay certain state and federal taxes. This comes after the ...
As the October IRS deadline approaches, taxpayers face changes in filing options and rules that could affect millions of ...
As an American abroad, you can reduce your annual tax burden, even significantly, from what you were paying when you were residing full-time within U.S. borders.
Taxpayers filing their income tax returns (ITR) are advised to save a draft before submitting to allow for corrections. Once submitted, changes require filing a revised ITR. Scenarios include ...
Chartered accountants highlight persistent mismatches in the income tax portal's Form 26AS and AIS, causing reconciliation issues and filing complications. Taxpayers are advised to provide feedback ...
Income tax e-filing AY 2025-26: The Income Tax Return (ITR) filing season is going on in full swing, and crores of taxpayers must have plans to file their returns over the next six days before the ...
Income Tax Return Filing 2025: How to file ITR without CA - Step-by-step guide for salaried people (AI generated image) Income Tax Return Filing AY 2025-26: Only 7 days are left for the last date for ...
Content creators must file ITR by Sept 15, 2025. YouTube and social media earnings are business income if the main livelihood, otherwise 'income from other sources'. Use ITR-3 or ITR-4 forms and keep ...
For Assessment Year (AY) 2025–26, the Income Tax Department has further simplified compliance by enabling taxpayers to file their Income Tax Returns (ITRs) directly through its official mobile ...