The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...

The standard deduction for 2025 was raised to $15,750 for single filers, up from the $15,000 previously in place. For married ...

Taxpayers must disclose foreign assets and income in revised ITR by December 31. Failure to report can lead to penalties.

Accounting is riding a steady wave of tax prep work and individual and business tax consulting, according to a new survey — but challenges loom in the form of pricing questions (and intense internal ...

TaxSlayer has emerged as a strong platform in the DIY tax prep space. In fact, we named it one of the best tax software programs on the market, since its most inexpensive version supports all tax ...

CA Himank Singla highlighted that foreign equity holdings such as ESOPs and RSUs must be disclosed in Schedule FA every year, ...

By late December, many tax savings strategies are off the table. But there are still a few simple things that you can do now ...

Quick Summary ・Bookkeeping and tax software for freelancers ・Generates reports to file taxes ・All paid plans include CPA ...

The last Social Security benefit of 2025 will be dispersed this week, and January's SSI check comes next week. Learn how the ...

This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...

Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...

Trump Accounts promise a simple pitch: a government-blessed way to invest for a child's future, with a $1,000 head start for ...