The problem of Pakistan couldn't have come at a worse time for D-St If you have to file ITR-B then note that unlike other ITR forms like ITR-1 ... Therefore, income tax return is required to be filed ...

The income tax department has not yet notified the income tax return forms. As the one month is about to pass, will the late ...

In a letter to the IRS, the AICPA recommended that the agency provide further guidance in two areas of new instructions for ...

Form 16 is a certificate that an employer gives to an employee, which shows how much salary he earned and how much tax they ...

The 2024 tax season is almost at the finish line: The deadline for most people to file their federal tax returns is April 15, 2025. Taxpayers in areas impacted by FEMA-designated natural disasters ...

If the amount of TDS given in Form 16 and the information extracted by the Annual Income Statement do not match, then it can ...

Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their ...

Tax return season begins. From this afternoon (April 30), the 2025 pre-filled forms will be available for consultation on the ...

Even though the tax deadline has passed, there’s still one step you can take today to make tax management easier moving forward: creating an IRS online account. Whether you’re tracking refunds, ...

When you sell your home, you may owe capital gains tax on the profit from the sale. The IRS calculates this by subtracting your cost basis (what you originally paid for the home, plus certain ...

The IRS provides several options for tax forgiveness, including an approved payment plan, an offer in compromise and spousal ...