The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been ...
The Internal Revenue Service announced tax relief for individuals and businesses in Washington state affected by severe storms, straight-line winds, flooding, landslides and mudslides that began Dec.
Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department ...
When a taxpayer discovers any error or wrong statement in filing the original Income Tax Return (ITR) submitted earlier. The ...
The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check t.
Some say the tax deduction may improve the retention and recruitment of service workers; others say it's not enough.
Taxpayers who receive emails should log in to the e-filing portal and compare their ITR with Form 16 and Form 26AS. If the ...
People who are looking to file their ITRs for the financial year ended 2024-25 or the assessment year 2025-26 will have to ...
Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.
Access to a solo 401 (k) can be useful for some couples to do smart tax planning. Financial planner Robert Wang, based in Abington, Mass., has been helping a new client who is in the highest tax ...
Under Burchett’s bill, the standard deduction for those filing jointly or as surviving spouses would increase by $4,000 – the 2026 standard deduction is set to be $32,200 for this group. Heads of ...
Today's global workers and their employers are at risk of triggering US tax and compliance obligations. The stakes are high for CPAs serving global ...
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